Press release from Business Wire
Company Profile for Vermilion Energy Inc.
Friday, October 15, 2010
(Business Wire) -- Vermilion Energy Inc. is an oil-leveraged producer that adheres to a value creation strategy through the execution of full cycle exploration and production programs focused on the acquisition, exploration, development and optimization of producing properties in Western Canada, Western Europe and Australia. Vermilion targets 5% annual growth in production and reserves per share through the exploitation of conventional resource plays in western Canada, including Cardium light oil and liquids rich natural gas, the exploration and development of high impact natural gas opportunities in the Netherlands and through drilling and workover programs in France and Australia. Vermilion also expects to realize a material increase in both production and fund flows at the onset of production from the Corrib gas field in Ireland. This growth, combined with an attractive yield, is expected to generate strong positive returns for investors. Management and directors of Vermilion Energy Inc. hold approximately 9% of the outstanding shares and are dedicated to consistently delivering superior rewards for all its stakeholders. Vermilion Energy Inc. trades on the Toronto Stock Exchange under the symbol VET and over-the-counter in the United States under the symbol VEMTF.
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Company: |
Vermilion Energy Inc. | |
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Headquarters Address: |
3500, 520 - 3rd Avenue S.W. | |
| Calgary, AB T2P 0R3 | ||
| Canada | ||
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Main Telephone: |
403.269.4884 | |
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Website: |
www.vermilionenergy.com |
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Ticker/ISIN: |
VET(TSX)/CA9237251058 | |
| VEMTF(NQB) | ||
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Type of Organization: |
Public | |
| PR | ||
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Industry: |
Energy | |
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Earnings Release Dates: |
3rd Quarter: November 5, 2010 |
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4th Quarter: February 28, 2011 |
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Key Executives: |
CEO: Lorenzo Donadeo |
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CFO: Curtis Hicks |
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COO: Bob MacDougall |
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Investor Relations |
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Contact: |
Trish Hall | |
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Phone: |
403-231-1762 | |
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Email: |
thall@vermilionenergy.com |
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Investor Relations |
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Contact: |
Dean Morrison | |
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Phone: |
403-269-4884 | |
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Email: |
dmorrison@vermilionenergy.com |
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