Vermilion Energy Inc. VET

What this company does

Vermilion is a global gas producer that acquires, explores and develops liquids-rich natural gas in Canada and conventional natural gas in Europe, while operating low-decline oil assets. The company operates in two geographic regions, North America and International, and its business within these regions is managed at the country level through business units that form the basis of its operating segments. As at December 31, 2025, in Canada it held an average 75% working interest in 872,859 acres of developed land and an average 84% working interest in 803,574 acres of undeveloped land. Vermilion entered France in 1997 and completed three additional acquisitions there in subsequent years. Its Netherlands assets consist of 24 onshore concessions, which are 100% operated, and 15 offshore concessions, which are non-operated. It holds a 56.5% operated interest in the offshore Corrib natural gas field and related processing facilities located off the northwest coast of Ireland.

Written from the business description in VERMILION ENERGY INC.'s annual report to the U.S. Securities and Exchange Commission, filed 4 March 2026. Every sentence was checked against that document before publication.