Vermilion Energy Inc

Vermilion Energy Inc. ('Vermilion') is a Calgary, Alberta based international oil and gas producer celebrating 20 years of outstanding performance.  Vermilion 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 North America, Europe and Australia.  Our business model targets annual organic production growth, along with providing reliable and increasing dividends to investors.  

Vermilion is targeting production of approximately 62,500 - 63,500 boe/d in 2016 (15% growth over 2015) through the exploitation of both conventional and unconventional resource plays in North America, including Cardium and Midale light oil and Mannville liquids rich natural gas, the exploration and development of high impact natural gas opportunities in the Netherlands and Germany, and through oil drilling and workover programs in France and Australia.  In addition, Vermilion's 18.5% non-operated interest in the Corrib gas field is expected to contribute to that growth.  At its peak, the Corrib project is expected to contribute approximately 9,700 boe/d (net) of high netback natural gas production. First gas production was achieved on December 30, 2015.  Vermilion's ongoing reserve and production growth is anticipated to come from a combination of development drilling, reservoir optimization and well-timed strategic acquisitions. The long term goal is to deliver balanced growth and income to investors. 

Vermilion increased its monthly dividend 7.5% in January 2014 to Canadian $0.215 per share and remains focused on providing shareholders with steady growth and a reliable and growing dividend.  Combined these attributes are expected to provide shareholders with an attractive high yield investment over the long term.  

Management and directors of Vermilion hold approximately 6% of the outstanding shares and are dedicated to consistently delivering superior rewards for all stakeholders, featuring an 20-year history of market outperformance.Vermilion is listed on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.