Values Matter
Sustainability Report
Since our founding more than 20 years ago, Vermilion has been guided by our core values of Excellence, Trust, Respect and Responsibility. We believe that producing energy for the many people and businesses that rely upon it to meet their daily needs and sustain their quality of life is both a great privilege and a great responsibility.
Excellence. Trust. Respect. Responsibility. These four core values guide what we do and how we do it.
Our strong culture is the single most important factor in our long-term success.
Vermilion’s highest priority is conducting our business in a way that ensures the health and safety of our people and those involved directly or indirectly in our operations.
Vermilion focuses on a shared value approach to strategically investing in our communities. This is embodied in our company mission statement: to deliver superior rewards to investors, employees, partners and the communities in which we operate.
Since our founding more than 20 years ago, Vermilion has been guided by our core values of Excellence, Trust, Respect and Responsibility. We believe that producing energy for the many people and businesses that rely upon it to meet their daily needs and sustain their quality of life is both a great privilege and a great responsibility.
Excellence. Trust. Respect. Responsibility. These four core values guide what we do and how we do it.
Our strong culture is the single most important factor in our long-term success.
Vermilion’s highest priority is conducting our business in a way that ensures the health and safety of our people and those involved directly or indirectly in our operations.
Vermilion focuses on a shared value approach to strategically investing in our communities. This is embodied in our company mission statement: to deliver superior rewards to investors, employees, partners and the communities in which we operate.
We continued to responsibly increase production (7% between 2016 and 2017) using a stable, long-term growth model, while supporting our stakeholders: investors, staff, governments, communities and suppliers.
| Production | 29,510 boe/d |
| Staff | 270 |
| Net Revenue | $297.6 MM |
| Reserves | 139,209 Mboe |
| Production | 6,847 boe/d |
| Staff | 100 |
| Net Revenue | $106.3 MM |
| Reserves | 17,863 Mboe |
| Production | 11,085 boe/d |
| Staff | 166 |
| Net Revenue | $239.5 MM |
| Reserves | 64,188 Mboe |
| Production | 5,770 boe/d |
| Staff | 92 |
| Net Revenue | $154.4 MM |
| Reserves | 15,565 Mboe |
| Production | 781 boe/d |
| Staff | 11 |
| Net Revenue | $11.1 MM |
| Reserves | 14,970 Mboe |
| Production | 4,291 boe/d |
| Staff | 37 |
| Net Revenue | $62.0 MM |
| Reserves | 24,496 Mboe |
| Production | 9,737 boe/d |
| Staff | - |
| Net Revenue | $153.3 MM |
| Reserves | 22,199 Mboe |
Note: net revenues = sales less royalties | staff = employees + contractors | reserves = proved + probable
