Canada’s Vermilion Energy Exits U.S. ...Middle East

Calgary-based Vermilion Energy Inc. will sell its assets in the United States for $88 million (C$120 million), which will complete its exit from the U.S. and allow it to reduce debt and focus on natural gas assets in Canada and Europe. The assets in the sale consist of about 5,500 barrels of oil equivalent per day boe/d of production, of which 81% is oil and liquids, as well as 10 million barrels of oil equivalent of proved developed producing reserves, Vermilion Energy said on Thursday. Vermilion Energy expects to close the transaction in the…

Read More Details
Finally We wish PressBee provided you with enough information of ( Canada’s Vermilion Energy Exits U.S. )

Also on site :

• AB Anywhere: Why List on Binance Alpha?
• The 5 most affordable states in America — and the 5 least affordable
• Nigeria: Nigerian Grandmother Sacked From Cleaner Job At London University Over 'Misplaced Bracelet'