Transaction Details: 

Vermilion Energy announced it will acquire Westbrick Energy for $1.075 billion in a strategic move to scale operations in Alberta’s Deep Basin. The deal adds 50,000 boe/d of production, bolsters Vermilion’s drilling inventory with 700+ high-return locations, and deepens its exposure to gas and liquids in the region. Vermilion emphasized that the acquisition improves full-cycle margins, extends production visibility for over 15 years, and enhances free cash flow. CEO Dion Hatcher called the move “a significant step forward” for Vermilion’s North American high-grading strategy. The acquisition includes 770,000 net acres, four operated gas plants, and an estimated $1.0 billion in PDP reserve value, representing over 90% of the purchase price .

Canada Deal Activity In Last 12 Months