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08/26/22 10:50 AM

#17689 RE: Bobwins #17680

VET: Great call Bob, Vermillion has been gaining some attention lately, their acquisition of Corrib will pay off in about a year and some hedges come off at the end of this year. They also have another huge land position in Europe, with nearly 2 million acres in their Central & Eastern Europe Pannonian formation play across Croatia, Hungary, and Slovakia, see Slide 32 of their August investor presentation:

Hopefully the Ukraine situation can end peacefully soon, but Europe should learn about the dangers of their dependance on Russian energy and encourage further development of some of their own resources.