Vermilion Energy Inc. (VET)

CA — Energy Sector
Peers: DMLP  NVGS  VTOL  RES  NESR  MRC  LPG  PUMP  NPKI  VTS 

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News

Vermilion Energy Inc. (VET) Q4 2024 Earnings Call Transcript
VET
Published: March 06, 2025 by: Seeking Alpha
Sentiment: Neutral

Vermilion Energy Inc. (NYSE:VET ) Q4 2024 Earnings Conference Call March 6, 2024 11:00 AM ET Company Participants Dion Hatcher - President and CEO Lars Glemser - VP and CFO Darcy Kerwin - VP, International & HSE Randy McQuaig - VP North America, Kyle Preston - VP, IR Conference Call Participants Justin Ho - RBC Capital Markets Amir Arif - ATB Capital Travis Wood - National Bank Financial Operator Good morning. My name is Constantine and I will be your conference operator today.

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image for news Vermilion Energy Inc. (VET) Q4 2024 Earnings Call Transcript
Vermilion Energy Inc. Announces Closing of the Acquisition of Westbrick Energy Ltd. and Confirms Q4 2024 Release Date and Conference Call Details
VET
Published: February 26, 2025 by: PRNewsWire
Sentiment: Neutral

CALGARY, AB , Feb. 26, 2025 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce the closing of the acquisition of Westbrick Energy Ltd. ("Westbrick") pursuant to the terms of the previously announced arrangement agreement (the "Arrangement Agreement" or the "Acquisition") dated December 22, 2024.

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image for news Vermilion Energy Inc. Announces Closing of the Acquisition of Westbrick Energy Ltd. and Confirms Q4 2024 Release Date and Conference Call Details

About Vermilion Energy Inc. (VET)

  • IPO Date 2010-09-14
  • Website https://www.vermilionenergy.com
  • Industry Oil & Gas Exploration & Production
  • CEO Anthony Hatcher
  • Employees 743

Vermilion Energy Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas in North America, Europe, and Australia. The company owns 81% working interest in 636,714 net acres of developed land and 85% working interest in 301,026 net acres of undeveloped land in Canada; 130,715 net acres of land in the Powder River basin in the United States; 96% working interest in 248,873 net acres of developed land and 86% working interest in 134,160 net acres of undeveloped land in the Aquitaine and Paris Basins in France; 53% working interest in 901,791 net acres of land in the Netherlands; 54,625 net developed acres and 920,723 net undeveloped acres in Germany; 975,375 net acres land in Croatia; 946,666 net acres land in Hungary; and 48,954 net acres land in Slovakia. It also owns 20% interests in the offshore Corrib natural gas field located to the northwest coast of Ireland; and 100% working interest in the Wandoo offshore oil field and related production facilities that covers 59,553 acres located on Western Australia's northwest shelf. As of December 31, 2021, the company had 401 net producing conventional natural gas wells and 2,132 net producing light and medium crude oil wells in Canada; 167.6 net producing light and medium crude oil wells in the United States; 297.0 net producing light and medium crude oil wells and 3 net producing conventional natural gas wells in France; and 47 net producing natural gas wells in the Netherlands. Vermilion Energy Inc. was founded in 1994 and is headquartered in Calgary, Canada.