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Home > Company Index > Energy > Oil & Gas Exploration & Production > Vermilion Resources Ltd.

Vermilion Resources Ltd.
 PROFILE
Vermilion Resources stays out of the red by developing oil and gas properties in Canada and France. The oil and gas exploration, development, and production company has net proved reserves of 51.9 million barrels of oil, 7 million barrels of natural gas liquids, and 174.7 billion cu. ft. of natural gas. More than half of Vermilion's proved reserves are in Alberta and Saskatchewan; the remaining reserves are in three areas of France. The company drills about 70 oil and natural gas wells a year in Canada and eight in France. Vermilion is looking to expand internationally through acquisitions.

 COMPETITION
Alberta Energy Company Ltd. (AOG)
Rio Alto Exploration Ltd. (RAX)
TOTAL FINA ELF S.A. (TOT)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 121.00
1-Yr. Sales Growth: 101.9%
Employees: 123
Revenue per employee: $983,739.84

 KEY PEOPLE
• Jeffrey S. Boyce
    CEO
• Stephen E. Bjornson
    CFO

 CONTACT INFO
2800, 400 4th Ave. SW
Calgary Alberta T2P 0J4, Canada
Phone: 1-403-269-4884
Fax: 1-403-269-6306
Online: Web Site

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