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Values Matter
Sustainability Report
Values Matter
2016 Sustainability Report
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Economic & Operational Highlights

In 2019, Vermilion: 102-7, 201-1

8.1 Sustain per capita economic growth

We responsibly increased production 15% between 2018 and 2019 using a stable, long-term growth model. We updated this model in 2020, taking a conservative, long-term focus on balance sheet strength and capital discipline, guided by core business principles that focus on free cash flow generation and debt reduction, while supporting our stakeholders: investors, staff, governments, communities and suppliers.

Canada

Production 59,979 boe/d
Staff 524
Net Revenue $734 MM
Reserves 300,889 Mboe

The Netherlands

Production 8,274 boe/d
Staff 104
Net Revenue $111.4 MM
Reserves 20,980 Mboe

France

Production 10,467 boe/d
Staff 158
Net Revenue $282.8 MM
Reserves 59,692 Mboe

Australia

Production 5,662 boe/d
Staff 78
Net Revenue $184.5 MM
Reserves 13,160 Mboe

United States

Production 2,531 boe/d
Staff 38
Net Revenue $56.7 MM
Reserves 59,296 Mboe

Germany

Production 3,468 boe/d
Staff 49
Net Revenue $52 MM
Reserves 26,740 Mboe

Ireland

Production 7,762 boe/d
Staff 88
Net Revenue $104.3 MM
Reserves 17,774 Mboe
 

Note: net revenues = sales less royalties | staff = employees + contractors | reserves = proved + probable

Values Matter
Vermilion Energy