Operator · Cardium Shale
Vermilion Energy Inc.
40 articles mentioning Vermilion Energy Inc. · Page 1 of 2
Vermillion Closes Saskatchewan Asset Sale
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 Energy Inc. Second Quarter 2022 Results
Vermilion Energy Inc. reported its second quarter 2022 results. Highlights: Q2 2022 fund flows from operations (“FFO”)(1) was $453 million ($2.75/basic share)(2) and free cash flow (“FCF”)(3) was $340 million ($2.07/basic share)(4), an increase of 16%...
Vermilion Adds Former Jagged Peak CEO to Board
Vermilion Energy Inc. reported the appointment of Mr. James J. Kleckner Jr. to our Board of Directors. About Kleckner: Mr. Kleckner has more than 35 years of experience in various executive and senior leadership roles. He...
Vermilion Energy Second Quarter 2021 Results
Vermilion Energy Inc. reported its Q2 2021 results. Highlights: Fund flows from operations ("FFO")(1) was $173 million in Q2 2021, an increase of 7% from the prior quarter. The increase was primarily due to higher commodity...
Vermilion Energy Details 2021 Budget; Down 17% vs. 2020
Vermillion Energy provided the following 2021 budget guidance. 2021 Plan Highlights: E&D capital budget of $300 million - down 17% from 2020's capex of $360 million Annual average production guidance of 83,000 to 85,000 boe/d reflects...
Vermilion Shuffles Management Team
Vermilion Energy Inc. reported changes to its senior leadership team. Mr. Michael Kaluza has stepped down as Executive Vice President and COO, effective immediately. Mr. Dion Hatcher has been appointed to the newly created position of...
Vermilion Energy CEO Abruptly Departs Company
Vermilion Energy Inc. reported that Anthony Marino has stepped down as President and Chief Executive Officer after an eight year tenure, effective immediately. As a result, Curtis Hicks is rejoining the Company and has been appointed...
Vermilion Energy Details Fourth Quarter 2019 Results
Vermilion Energy Inc. reported its operating and financial results for the year ended December 31, 2019 along with our 2019 reserves and resources information. Highlights Fund flows from operations (“FFO”) in Q4 2019 was $216 million...
Vermilion Energy Reports Q3 2019 Results
Vermilion Energy Inc. reported its Q3 2019 results. Highlights Q3 2019 production averaged 97,239 boe/d, a decrease of 6% from the prior quarter. The lower production level resulted from a number of plant turnarounds, unplanned downtime,...
Vermilion Talks Q2 2019 Ops and Results
Vermilion Energy Inc. reported its Q2 2019 results. Highlights Q2 2019 production averaged 103,003 boe/d, down slightly from the prior quarter, as increases in the US and Australia were more than offset by lower production in...
Vermilion Details Q1 2019 Results, Operations
Vermilion Energy Inc. reported its Q1 2019 results. Highlights Q1 2019 production averaged 103,404 boe/d, representing a 2% increase over the prior quarter, due to increases in Australia, Canada, the US, Germany and France. Fund flows...
Vermilion Accelerating Drilling for 2019; Budget Flat, Output to Grow 18%
Vermilion Energy has detailed its 2019 capital plan. 2019 Plans - 2019 Capex: $530 million (relatively flat YOY) - Well Plans: 165 net wells (up +19% from 2018) - majority of which will be in the...
Vermilion Assumes Operatorship of Ireland Corrib Gas Project
Vermilion Energy Inc. has completed of the sale of Shell Overseas Holdings Limited’s 45% interest in the Corrib Natural Gas Project in Ireland. Effective immediately, Vermilion has assumed contract operatorship of Corrib on behalf of the...
Operator to Drill 129 Wells in SE Saskatchewan in 2019
Vermilion Energy provided an update to its Q3 2018 activities. The three most notable items in the report include: 1. Acquired a 55,000 net acre position in the core of the Powder River Basin for $186...
Vermilion Sees 15% Upswing in Production; Talks US, International Ops
Vermilion Energy reported its Q2 2018 results. Highlights - Q2 2018 production increased by 15% from the prior quarter to 80,625 boe/d. The increase was primarily due to the Spartan acquisition and production added from our...
Vermilion Energy's Credit Facility Upsized to $1.6B
Vermilion Energy has negotiated an extension of its revolving credit facility with its syndicate of lenders to May 31, 2022. The company has increased the total facility amount to $1.6 billion from $1.4 billion (up +14%),...
Vermilion Unveils 2018 Budget of $315MM in Q3 Release
[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...
Vermilion Increases Production in Q2 to 67,240 BOEPD; Lowers Well Costs an Average -29.4%
Vermilion released its Q2 results. Highlights include: Average daily production in Q2 was 67,240 boe/d, a 4% increase from Q1 when production was 64,537 boe/d Placed an additional 13 (11.5 net) wells on production in Canada...
Stephen Larke Joins Vermilion BOD
[summary: Vermilion Energy adds Mr. Stephen Larke to Board of Directors.]
Vermilion Edits Capex Again; Down 31% from Original Budget
Vermilion Energy Inc. reported its operating and unaudited financial results for the three and six months ended June 30, 2016.