Vermilion Energy Inc. provided production guidance for the year 2022. For the year, the company increasing its annual production guidance to 86,000 to 88,000 boe/d to account for the Leucrotta acquisition, assuming a second half of May 2022 closing date. With the execution of the planned Mica drilling program and the anticipated close of the Corrib acquisition in second half 2022, the company expects to exit the year with corporate production in the range of 95,000 to 100,000 boe/d. intention is to maintain the production base in this range for the foreseeable future as the company focus on high grading and optimizing portfolio inventory in order to maximize free cash flow generation over the long-term.
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05-14 | Vermilion Energy Coverage Resumed at BMO With an Outperform Rating and C$21.00 Price Target | MT |
05-02 | Vermilion Energy Inc. Appoints Director, Business Development | CI |
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-14.55% | 1,819B | |
+12.69% | 444B | |
+49.03% | 245B | |
+5.89% | 222B | |
+4.43% | 162B | |
+2.44% | 96.04B | |
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-8.69% | 48.71B | |
+21.25% | 48.37B |
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