CALGARY, March 8, 2013 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX
- VET) announces the filing of its Annual Information Form ("AIF") for
the year ended December 31, 2012 on the System for Electronic Document
Analysis and Retrieval ("SEDAR"). The AIF contains Vermilion's
Statement of Reserves Data and Other Oil and Gas Information as
required under National Instrument 51-101. Vermilion has also filed
its Annual Report which includes its audited consolidated financial
statements and Management's Discussion and Analysis for the year ended
December 31, 2012, copies of which have also been separately filed on
SEDAR.
These documents can be found on the SEDAR website at www.sedar.com and also on the Company's website at http://www.vermilionenergy.com/ir/financialreports/financialreportscurrent.cfm
Vermilion is an oil-leveraged producer that adheres to a value creation
strategy through the execution of full cycle exploration and production
programs focused on the acquisition, exploration, development and
optimization of producing properties in Western Canada, the broader
European region and Australia. Vermilion's business model targets
annual growth of approximately 5% together with providing reliable and
growing dividends. Vermilion is targeting annual growth in production
primarily through the exploitation of conventional resource plays in
Western Canada, including Cardium light oil and liquids rich natural
gas, the exploration and development of high impact natural gas
opportunities in the Netherlands and through drilling and workover
programs in France and Australia. Vermilion also holds an 18.5% working
interest in the Corrib gas field in Ireland. In addition, Vermilion
currently pays a monthly dividend of Canadian $0.20 per share, which
provides a current yield of approximately 5%. Management and directors
of Vermilion hold approximately 8% of the outstanding shares and are
dedicated to consistently delivering superior rewards for all its
stakeholders. Vermilion has an 18 year history of consistent strong
returns and market outperformance. Vermilion trades on the Toronto
Stock Exchange and, effective March 12, 2013, on the NYSE (both under
the ticker symbol "VET").
SOURCE: Vermilion Energy Inc.
