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Q2 2024 Presentation – Vermilion Energy Inc.

Vermilion Energy Inc. · Aug 22, 2024 · 12 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Q2 2024 Presentation – Vermilion Energy Inc. – slide 1
    VERMILION ENERGY INTERNATIONALLY DIVERSIFIED FREE CASH FLOW FOCUSED Q2 2024 CONFERENCE CALL ESG LEADERSHIP
  2. Q2 2024 Presentation – Vermilion Energy Inc. – slide 2
    Q2 2024 HIGHLIGHTS Production at the upper end of our Q2 2024 Q2 2024 Q1 2024 % guidance range North America (boe/d) 54,987 52,959 4% o Primarily due to early start-up of the 8-33 BC International (boe/d) 29,987 32,546 (8%) battery…
  3. Q2 2024 Presentation – Vermilion Energy Inc. – slide 3
    INTERNATIONAL OPERATIONAL HIGHLIGHTS Q2 2024 PRODUCTION International production averaged 29,987 boe/d, reflecting scheduled maintenance on several of our assets during the quarter INTL 35% Continued to advance our deep gas…
  4. Q2 2024 Presentation – Vermilion Energy Inc. – slide 4
    GERMANY GAS EXPLORATION PROGRAM Targets are on trend and analogous to Netherlands plays where we have drilled 29 gas wells with an average success rate over 70% Successfully drilled the Osterheide well (100% WI) and discovered gas…
  5. Q2 2024 Presentation – Vermilion Energy Inc. – slide 5
    CROATIA GAS DEVELOPMENT Successfully drilled four (2.4 net) exploration wells on the SA-7 block o All four wells discovered hydrocarbons in multiple zones, representing 100% success rate on our 2024 drilling program o Testing…
  6. Q2 2024 Presentation – Vermilion Energy Inc. – slide 6
    NORTH AMERICA OPERATIONAL HIGHLIGHTS Q2 2024 PRODUCTION North American production averaged 54,987 boe/d in Q2 2024, an increase of 4% over the N.A. prior quarter 65% In Canada we drilled three (3.0 net) wells, completed one (1.0…
  7. Q2 2024 Presentation – Vermilion Energy Inc. – slide 7
    MONTNEY BATTERY PROGRESS Construction on 16,000 boe/d oil battery was completed and battery was started in Q2 2024 o Additional capacity allows us to nearly double our Montney production to 14,000 boe/d in 2025, provides platform for…
  8. Q2 2024 Presentation – Vermilion Energy Inc. – slide 8
    BC MONTNEY WELL RESULTS Successfully completed first six (6.0 net) BC 16-28 AVERAGE CUMULATIVE PRODUCTION Montney wells of our 2024 program on 16-28 400,000 Wells produced 30+% liquids pad, results are in line with expectations…
  9. Q2 2024 Presentation – Vermilion Energy Inc. – slide 9
    SHAREHOLDER RETURNS & OUTLOOK 9 9
  10. Q2 2024 Presentation – Vermilion Energy Inc. – slide 10
    COMPOUNDING SHAREHOLDER RETURNS CUMULATIVE SHAREHOLDER RETURNS CUMULATIVE NCIB ACTIVITY 12.00 16 EFCF Payout Target 50% 14 10.00 CUMULATIVE RETURN (/SHARE)* Vermilion returned over SHARES REPURCHASED (MM)** 40/share to…
  11. Q2 2024 Presentation – Vermilion Energy Inc. – slide 11
    OUTLOOK Full-year production guidance increased to 83,000 - 86,000 boe/d while maintaining our capital budget Category 2024 Guidance(1) guidance of 600 to 625 million Production (boe/d) 83,000 - 86,000 Our Q3 2024 capital program…
  12. Q2 2024 Presentation – Vermilion Energy Inc. – slide 12
    Q&A 12

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