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 (15.6% between 2015 and 2016) using a stable, long-term growth model, while supporting our stakeholders: investors, staff, governments, communities and suppliers.
| Production | 25,771 boe/d |
| Staff | 267 |
| Net Revenue | $231.4 MM |
| Reserves | 130,215 Mboe |
| Production | 8,058 boe/d |
| Staff | 108 |
| Net Revenue | $99.2 MM |
| Reserves | 17,733 Mboe |
| Production | 11,970 boe/d |
| Staff | 171 |
| Net Revenue | $219.8 MM |
| Reserves | 65,040 Mboe |
| Production | 6,304 boe/d |
| Staff | 78 |
| Net Revenue | $136.8 MM |
| Reserves | 17,068 Mboe |
| Production | 457 boe/d |
| Staff | 9 |
| Net Revenue | $5.2 MM |
| Reserves | 11,477 Mboe |
| Production | 2,483 boe/d |
| Staff | 21 |
| Net Revenue | $26.7 MM |
| Reserves | 23,582 Mboe |
| Production | 8,482 boe/d |
| Staff | - |
| Net Revenue | $109.2 MM |
| Reserves | 25,061 Mboe |
Note: net revenues = sales less royalties | staff = employees + contractors | reserves = proved + probable
