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March 3, 2014
05:40 EDTVETVermilion Energy reports FY13 production up 8% to 41,005 boe/d
Vermilion Energy achieved record average annual production of 41,005 boe/d during 2013, an increase of 8% as compared to 37,803 boe/d in 2012. Approximately 75% of year-over-year production growth was achieved organically through continued development of Cardium and Mannville resource plays in Canada, and successful conventional drilling programs in France and Australia. The remaining 25% of production growth came from the company's December 2012 acquisition in France and the company's October 2013 acquisition in the Netherlands. Strong operational and drilling execution underpinned the company's ability to deliver organic growth in production and reserves in each of the company's producing business units in 2013. Reliable operational performance in all regions enabled the company to increase production guidance three times during the year and to achieve production levels at the top end of the company's final guidance range.
News For VET From The Last 14 Days
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November 10, 2014
05:41 EDTVETVermilion raises production view to 49,00-49,500boe/d from 48,500-49,500 boe/d
05:39 EDTVETVermilion Energy reports Q3 EPS 50c, may not compare to one estimate 97c
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