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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 our business model and growth targets in 2020 to realign with Vermilion’s long-standing core business principles, which place greater emphasis on balance sheet strength and capital discipline to generate strong returns. These changes have led to an increased focus on free cash flow generation and debt reduction, while supporting our key 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

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Vermilion Energy