as tsx vet nyse vet industry petroleum founded 1994 headquarters calgary alberta canada key people lawrence macdonald chair lorenzo donadeo ceo anthony marino pres coo curtis w. hicks cfo exec vp john d. donovan exec vp bd products oil natural gas revenue c 1 419.6 mil 201411.4 % 1 net income c 269.3 mil 2014 1 17.8 % 1 total assets c 4 386.1 mil dec14 18.3 % 1 website vermilionenergy.com vermilion energy is an international oil and gas producer with operations in north america europe and australia . vermilion pays a monthly dividend of canadian 0.215 per share which provides a current yield of approximately 8 % . vermilion trades on the toronto stock exchange and the new york stock exchange under the symbol vet . contents 1 history 2 operations 3 external links 4 references history edit vermilion began in 1994 as vermilion resources ltd an alberta focused oil and gas company . vermilion had its initial public offering on the alberta stock exchange in april 1996 for 0.10 per share . 3 the company changed its status to that of a trust in december 2002 when it became known as vermilion energy trust for eight years ; in september 2010 it converted back to a corporation . 4 in march 2013 vermilion began trading on the nyse under the ticker symbol vet . operations edit in canada vermilion s operations are focused in the west pembina drayton valley region of alberta and the northgate region of southeast saskatchewan . in west pembina vermilion has the potential for three significant development projects sharing the same surface infrastructure cardium light oil development 1 800 m depth mannville liquids rich gas inventory 2 400 2 700 m depth extensive position in duvernay liquids rich gas resource play 3 200 3 400 m depth 5 vermilion acquired approximately 68 000 acres of land 98 % undeveloped in the powder river basin of northeastern wyoming in 2014 . this includes 53 000 net acres 70 % working interest in the promising turner sands tight oil play . 6 after entering the country in 1997 vermilion has grown to become the largest oil producer in france with record annual oil production of 11 011 bbls d in 2014 . the company estimates there are more than 1.7 billion barrels of original oil in place in the five biggest conventional oil pools . 7 vermilion entered the netherlands in 2004 and has since expanded its undeveloped land base to cover approximately 800 000 net acres . 8 the netherlands is characterized by high impact natural gas drilling and development . vermilion s natural gas production in the netherlands is priced of title transfer facility ttf . vermilion acquired a 25 % contractual participation interest in a four partner consortium in germany from gdf suez s.a. in february 2014 . the assets include 4 natural gas producing fields across 11 production licenses spanning 204 000 gross acres . 9 vermilion acquired a 18.5 % non operated stake in the corrib field from marathon oil corp in 2009 . the other partners in the project are shell with 45.5 % project operator and statoil with 36.5 % . corrib is the only new planned natural gas supply in ireland . the corrib project supply 60 65 % of the country s natural gas demand and over 90 % of the country s natural gas production . first gas from corrib is anticipated to come on stream mid 2015 with expected peak production of 58 mmcf d 9 700 boe d net to vermilion . 10 wandoo is vermilion s australian asset an offshore oil field and platform approximately 80 kilometers off the northwest coast of australia . wandoo production receives a premium to brent crude pricing . 11 vermilion originally purchased a 60 % operated interest in wandoo in 2005 . the company then purchased the remaining 40 % interest in wandoo in 2007 . 12 external links edit vermilion energy official site vermilion energy linkedin page references edit a b c d vermilion energy 2014 annual report pdf . 2015 03 06 . vermilion energy 2014 annual information form pdf . 2015 03 06 . vermilion history 1994 to 2002 . retrieved 2015 07 16 . vermilion history 2003 to present . retrieved 2015 07 20 . canada . retrieved 2015 07 16 . united states . retrieved 2015 07 16 . france . retrieved 2015 07 16 . netherlands . retrieved 2015 07 16 . germany . retrieved 2015 07 16 . ireland background . retrieved 2015 07 16 . australia . retrieved 2015 07 16 . vermilion 2003 to present . retrieved 2015 07 16 . retrieved from https en.wikipedia.org w index.php title vermilion energy & oldid 727622586 categories companies listed on the toronto stock exchangecompanies based in calgaryoil companies of canadanatural gas companies of canadas & p tsx composite indexcompanies listed on the new york stock exchangehidden categories pages using infobox company with unsupported parametersuse dmy dates from january 2012 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschfran ais edit links this page was last modified on 30 june 2016 at 04 57 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view