Forgotten Gas Reserves Could Be A Gamechanger For European Energy

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The geologist who helped develop one of Europe's biggest heavy oilfields is back, and he's set his sights on forgotten gas reserves in a bid to bolster the continent's push towards energy independence.

The California geologist who helped develop one of Europe’s biggest heavy oilfields over two decades ago is back, and this time, he has two things in mind European energy security and natural gas, the only viable “bridge” fuel for an energy transition.

distinguishes itself with a broad international presence, spanning North America, Europe, and Australia. This diversified operational approach enables Vermilion to optimize its production mix, leveraging global pricing dynamics to its advantage. The company's commitment to strong operational and financial performance is evident in its strategic acquisitions and efficient resource management.

operates as a growth-oriented oil company, focusing on the acquisition and development of conventional oil and natural gas resources in the Western Canadian Sedimentary Basin. The company's strategy is built on creating sustainable shareholder returns by marrying a disciplined acquisition approach with low-decline assets and a focus on operational efficiencies.

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