CALGARY,
AB, Jan. 28, 2025 /PRNewswire/
- Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX:
VET) (NYSE: VET) has filed certain financial information relating
to its proposed acquisition of Westbrick Energy Ltd. on its profile
on SEDAR+ (www.sedarplus.ca). In addition, the Company has received
commitments and consent from lenders to increase the previously
announced fully underwritten term loan maturing May 2028 from $250
million to $450 million.
About Vermilion
Vermilion is an international energy producer that seeks to
create value through the acquisition, exploration, development and
optimization of producing assets in North
America, Europe and
Australia. The Company's business
model emphasizes free cash flow generation and returning capital to
investors when economically warranted, augmented by value-adding
acquisitions. Vermilion's operations are focused on the
exploitation of light oil and liquids-rich natural gas conventional
and unconventional resource plays in North America and the exploration and
development of conventional natural gas and oil opportunities in
Europe and Australia.
Vermilion's priorities are health and safety, the environment,
and profitability, in that order. Nothing is more important than
the safety of the public and those who work with Vermilion, and the
protection of the natural surroundings. In addition, the Company
emphasizes strategic community investment in each of its operating
areas.
Vermilion trades on the Toronto Stock Exchange and the New York
Stock Exchange under the symbol VET.
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SOURCE Vermilion Energy Inc.
