Email
Print 
Bookmark
Vermilion Energy has completed the sale of its non-core Saskatchewan and Manitoba light oil assets for gross proceeds of $415 million. The divested assets produced approximately 10,500 boe/d (86% oil and liquids). This move aligns with Vermilion’s ongoing strategy to streamline its portfolio, prioritizing long-duration, high-return assets. The net proceeds will be used to enhance the company’s balance sheet and support core operations in Canada and Europe.
Related Categories :
Deals - Deal Close
More Deals - Deal Close News
-
Ring Energy Finalizes Acquisition of Stronghold Energy II
-
Centennial, Colgate Finalize $3.9B Merger; Debut as Permian Resources Corp.
-
Diamondback Seals Rattler Midstream Deal; Takes Company Private
-
Riverbend Finalizes $1.8B Sale of Portfolio Companies
-
Northern Oil Closes $158MM Bolt-On Deal for Williston Assets
Canada News >>>
-
MEG Energy Rejects Strathcona Resources' $6 Billion Takeover Offer
-
Petrus Resources Ltd. First Quarter 2023 Results
4.jpg&new_width=60&new_height=60&imgsize=false)
-
Cardinal Energy Ltd. First Quarter 2023 Results
-
Headwater Exploration Inc. First Quarter 2023 Results -
6.jpg&new_width=60&new_height=60&imgsize=false)
-
Rubellite Energy Inc. First Quarter 2023 Results
