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Vermilion Ups Cardium/Manville Production, Testing Duvernay
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Vermilion Energy Inc. has reported operating and unaudited financial results for the three and six months ended June 30, 2014.
Highlights: Achieved average production of 52,089 boe/d during the second quarter of 2014, an increase of 12% as compared to 46,677 boe/d in the prior quarter and an increase of 22% compared to 42,813 boe/d in the second quarter of 2013. Increased production was largely attributable to a 27% increase in Canadian production versus the prior quarter, led by robust performance in both our Mannville condensate-rich natural gas and Cardium light-oil development programs, which achieved production increases of 50% and 17% respectively. Canadian volumes also increased due to approximately two months of production contribution from our S.E. Saskatchewan acquisition…- ✓ Full news archive — U.S., Canada & international coverage
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