Exploration & Production
Vermilion Energy Inc. Provides Updated Duvernay Land Position
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Vermilion Energy Inc., is pleased to update Duvernay and Cardium Play Positions.
As part of its focused New Growth initiative, Vermilion has invested a cumulative $84 million since early 2011 to acquire undeveloped lands in Canada with prospective exposure to emerging shale oil and liquids-rich gas resource opportunities. To date, the Company has actively acquired a total of 408.5 net sections of undeveloped land in Canada. As a result of these acquisitions, the Company now holds several large and contiguous land blocks with prospective exposure to emerging resource plays in Canada including 227 net sections of largely contiguous lands on the Duvernay trend in the Greater Edson area.
Vermilion's Duvernay land position extends across the full breadth of the liquids-rich gas fairway and…
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