Press release from Business Wire
Company Profile for Vermilion Energy Inc.
Friday, October 15, 2010
Company Profile for Vermilion Energy Inc.10:40 EDT 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. Company: Vermilion Energy Inc. Headquarters Address: 3500, 520 - 3rd Avenue S.W. Calgary, AB T2P 0R3 Canada Main Telephone: 403.269.4884 Website: www.vermilionenergy.com Ticker/ISIN: VET(TSX)/CA9237251058 VEMTF(NQB) Type of Organization: Public PR Industry: Energy Earnings Release Dates:3rd Quarter: November 5, 2010 4th Quarter: February 28, 2011 Key Executives:CEO: Lorenzo Donadeo CFO: Curtis Hicks COO: Bob MacDougall Investor RelationsContact: Trish Hall Phone: 403-231-1762 Email: firstname.lastname@example.org Investor RelationsContact: Dean Morrison Phone: 403-269-4884 Email: email@example.com