Vermilion Energy Inc. Announces 2021 Budget
Share this article Share this article CALGARY, AB, Jan. 18, 2021 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX,NYSE: VET) is pleased to announce its 2021 exploration and development ("E&D") capital budget and associated production guidance. Highlights E&D capital budget of $300 million is a balanced and disciplined budget focused on maximizing returns and free cash flow ("FCF") (1) to facilitate debt reduction. Annual average production guidance of 83,000 to 85,000 boe/d reflects a transition to a more efficient, level-loaded capital program. A...
Source: prnewswire.com