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Vermilion Unveils 2018 Budget of $315MM in Q3 Release
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[Summary: Vermilion Energy reported its Q3 results. Highlights Include:
Average daily production in Q3 2017 was 67,403 boe/d which was a slight increase from Q3 2016 average daily production of 67,240 boe/d In Canada, Vermilion drilled 15 (12.8 net) wells and placed 12 (10.4 net) wells online Vermilion's board approved a 2018 E&D budget of $315 million for 2018 and outlined 2018 production guidance between 74,500 and 76,500 boe/dVermilion reported average daily production of 67,403 boe/d in Q3 2017. The company reported Q3 2017 oil production of 27,687 bbl/d, a 2.9% decrease from 28,525 in Q3 2016. NGL production in Q3 2017 was 3,821 bbl/d, an increase of 29.5% from 3,821 bbl/d in Q3 2016. Natural gas production in Q3 2017 was 208.63 mmcf/d, a .34% decrease from 209.36 mmcf/d in Q3…
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