Vermilion Energy Inc. Announces Closing of the Saskatchewan Asset Sale
Vermilion Energy (NYSE:VET) has successfully completed the sale of its Saskatchewan assets for $415 million. The divested assets include approximately 10,500 boe/d of non-core light oil production, with 86% consisting of oil and liquids, located in Saskatchewan and Manitoba.
This strategic divestment aligns with Vermilion's three-year portfolio optimization initiative, focusing on long-duration, scalable assets with high return potential. The net proceeds will be used to strengthen the company's balance sheet and provide additional capital flexibility for its core operations in Canada and Europe.
Vermilion Energy (NYSE:VET) ha completato con successo la vendita dei suoi asset in Saskatchewan per un valore di 415 milioni di dollari. Gli asset ceduti comprendono circa 10.500 boe/giorno di produzione di petrolio leggero non core, di cui l'86% costituito da petrolio e liquidi, situati in Saskatchewan e Manitoba.
Questa cessione strategica è in linea con l'iniziativa triennale di ottimizzazione del portafoglio di Vermilion, che punta su asset a lungo termine, scalabili e con elevato potenziale di rendimento. Il ricavato netto sarà utilizzato per rafforzare il bilancio aziendale e garantire maggiore flessibilità finanziaria per le operazioni core in Canada e in Europa.
Vermilion Energy (NYSE:VET) ha completado con éxito la venta de sus activos en Saskatchewan por 415 millones de dólares. Los activos vendidos incluyen aproximadamente 10,500 boe/d de producción de petróleo ligero no esencial, con un 86% compuesto por petróleo y líquidos, ubicados en Saskatchewan y Manitoba.
Esta desinversión estratégica se alinea con la iniciativa de optimización de cartera de tres años de Vermilion, enfocada en activos escalables de larga duración con alto potencial de rentabilidad. Los ingresos netos se utilizarán para fortalecer el balance de la compañía y proporcionar mayor flexibilidad de capital para sus operaciones principales en Canadá y Europa.
Vermilion Energy (NYSE:VET)는 사스카추완 자산을 4억 1,500만 달러에 성공적으로 매각했습니다. 매각된 자산에는 사스카추완과 매니토바에 위치한 비핵심 경질유 생산량 약 10,500 boe/일이 포함되며, 이 중 86%는 석유 및 액체입니다.
이번 전략적 매각은 장기적이고 확장 가능한 고수익 잠재력을 가진 자산에 집중하는 버밀리언의 3년간 포트폴리오 최적화 계획과 부합합니다. 순수익은 회사의 재무 건전성을 강화하고 캐나다 및 유럽 내 핵심 사업에 대한 추가 자본 유연성을 제공하는 데 사용될 예정입니다.
Vermilion Energy (NYSE:VET) a finalisé avec succès la vente de ses actifs en Saskatchewan pour un montant de 415 millions de dollars. Les actifs cédés comprennent environ 10 500 boe/j de production de pétrole léger non stratégique, dont 86 % sont constitués de pétrole et de liquides, situés en Saskatchewan et au Manitoba.
Cette cession stratégique s'inscrit dans l'initiative d'optimisation du portefeuille sur trois ans de Vermilion, axée sur des actifs durables, évolutifs et à fort potentiel de rendement. Le produit net servira à renforcer le bilan de l'entreprise et à offrir une plus grande flexibilité financière pour ses opérations principales au Canada et en Europe.
Vermilion Energy (NYSE:VET) hat den Verkauf seiner Vermögenswerte in Saskatchewan erfolgreich für 415 Millionen US-Dollar abgeschlossen. Zu den veräußerten Vermögenswerten gehören etwa 10.500 boe/Tag an nicht-kernproduzierendem Leichtöl, davon 86 % Öl und Flüssigkeiten, die sich in Saskatchewan und Manitoba befinden.
Diese strategische Desinvestition steht im Einklang mit Vermilions dreijähriger Portfolio-Optimierungsinitiative, die sich auf langlebige, skalierbare Vermögenswerte mit hohem Ertragspotenzial konzentriert. Der Nettoerlös wird verwendet, um die Bilanz des Unternehmens zu stärken und zusätzliche Kapitalflexibilität für die Kernaktivitäten in Kanada und Europa zu schaffen.
- Asset sale generates substantial proceeds of $415 million
- Strategic portfolio optimization to focus on higher-value, scalable assets
- Strengthening of balance sheet through sale proceeds
- Increased capital allocation flexibility for core operations
- Reduction in production capacity by 10,500 boe/d
- Loss of 86% oil and liquids-weighted assets from portfolio
The assets are comprised of approximately 10,500 boe/d (
About Vermilion
Vermilion is a global gas producer that seeks to create value through the acquisition, exploration and development of liquids-rich natural gas in
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.
For further information please contact:
Dion Hatcher, President & CEO; Lars Glemser, Vice President & CFO; and/or Kyle Preston, Vice President, Investor Relations
TEL (403) 269-4884 | IR TOLL FREE 1-866-895-8101 | investor_relations@vermilionenergy.com | www.vermilionenergy.com
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SOURCE Vermilion Energy Inc.
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