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Vermilion Energy Inc. Announces Filing of Westbrick Financial Information and Increase to Term Loan Facility
Vermilion Energy Inc. Announces Filing of Westbrick Financial Information and Increase to Term Lo...
About this update from Vermilion Energy Inc.
[{"type":"text","content":"\n\n\n\n Vermilion Energy Inc. Announces Filing of Westbrick Financial Information and Increase to Term Loan Facility\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n Jan. 28, 2025\n \n\n /CNW/ - Vermilion Energy Inc. (\"Vermilion\" or the \"Company\") (TSX: VET) (NYSE: VET) has filed certain financial information relating to its proposed acquisition of Westbrick Energy Ltd. on its profile on SEDAR+ (\n \n www.sedarplus.ca\n \n ). In addition, the Company has received commitments and consent from lenders to increase the previously announced fully underwritten term loan maturing\n \n May 2028\n \n from\n \n $250 million\n \n to\n \n $450 million\n \n .\n \n\n\n\n\n\n\n\n\n\n About Vermilion\n \n\n\n Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing assets in\n \n North America\n \n ,\n \n Europe\n \n and\n \n Australia\n \n . The Company's business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. Vermilion's operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in\n \n North America\n \n and the exploration and development of conventional natural gas and oil opportunities in\n \n Europe\n \n and\n \n Australia\n \n .\n \n\n Vermilion's priorities are health and safety, the environment, and profitability, in that order. Nothing is more important than the safety of the public and those who work with Vermilion, and the protection of the natural surroundings. In addition, the Company emphasizes strategic community investment in each of its operating areas.\n \n\n Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.\n \n\n\n\n\n View original content to download multimedia:\n \n https://www.prnewswire.com/news-releases/vermilion-energy-inc-announces-filing-of-westbrick-financial-informati...