Vermilion Energy (NYSE:VET) (NYSE:VET) is a Canada-based, international energy company engaged in the exploration, development, production and marketing of crude oil, natural gas and natural gas liquids. Since its founding in 1994 and listing on the Toronto Stock Exchange in 1996, Vermilion has grown through targeted acquisitions and organic development to establish a diversified portfolio of upstream assets across multiple continents.
In North America, Vermilion holds operated and non-operated interests in producing properties in the Western Canadian Sedimentary Basin as well as key U.S. shale plays. Its European operations span France, the Netherlands, Germany and Ireland, where the company participates in both onshore and offshore gas development, including a significant interest in the Corrib gas field offshore Ireland. In Australia, Vermilion’s onshore operations in the Cooper Basin focus primarily on unconventional gas and condensate production.
The company’s business model emphasizes cost-efficient development, disciplined capital allocation and long-term marketing arrangements. Vermilion applies a lifecycle approach to reservoir management, integrating technologies such as horizontal drilling and multi-stage fracturing to optimize recovery. Natural gas volumes are marketed under firm contracts, while oil and liquids are sold on both spot and term arrangements to regional refineries and trading houses.
Headquartered in Calgary, Alberta, Vermilion is led by President and Chief Executive Officer Samir Patel, with Andrea L. Arnesen serving as Executive Vice President and Chief Financial Officer. The company’s board of directors and executive team bring experience in geology, engineering and global energy markets, supporting Vermilion’s commitment to operational excellence, environmental stewardship and sustainable value creation for stakeholders.
