www.vermilionenergy.com
Vermilion Energy Trust is a Calgary, Alberta based international oil and gas producer with daily production is approximately 19,500 barrels of mostly light sweet crude oil and 65 million cubic feet of natural gas from properties in Western Canada, Australia, France and the Netherlands
Articles
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24/06/2009
Vermilion to take Marathon Oil’s stake in Shell operated Corrib field offshore Ireland for up to US$400million
Vermilion Energy Trust (TSX: VET) said it has agreed to buy Marathon Oil Corp’s (NYSE: MRO) 18.5 percent non-operated interest in the Corrib field approximately 83 kilometres off the northwest coast
Recent Sector News
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Simba Energy able to attract major partner in Kenya this year, says broker
By the end of this year Simba Energy will be able to attract a major farm in partner to help it explore its acreage in Kenya, according to City boutique Old Park Lane Capital. Kenya's oil potential has been in focus of late following Tullow's discovery earlier this year.
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Chesapeake Energy Q1 loss narrows, may run low on cash
Chesapeake Energy Corp (NYSE:CHK) said late Tuesday that it may run short of cash next year under the weight of the lowest natural-gas prices in a decade.
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BP Q1 profit down 18% on drop in fuels business
Oil giant BP (NYSE:BP)(LON:BP) posted an 18 percent drop in earnings as its downstream business, which sells fuels, lubricants and fertilizer, struggled.
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New Zealand Energy's revenues rise as production grows
New Zealand Energy Corp. (CVE:NZ)(OTCQX:NZERF) said Monday it recorded almost $1 million in revenue in 2011, as the oil and natural gas company achieved production in December from Copper Moki-1, its first discovery well in the Taranaki Basin.
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North Sea deal activity could boost Xcite Energy’s project funding plans
North Sea deal activity could help Xcite Energy pay for the Bentley oil field development as it seeks industry partners as one of the potential ways forward, with the help of City deal makers Rothschild and Jefferies.
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