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Vermilion Energy Inc. is engaged in the exploitation, development, acquisition, and production of oil and natural gas in Australia, Canada, France, Ireland, and the Netherlands. As of December 31, 2013, it owned 70% of average working interest in 286,800 net acres of developed land, 569,300 net acres of undeveloped land, 347 net producing natural gas wells, and 307 net producing oil wells in Canada; and 96% working interest in 208,900 net acres of developed land, and 100% working interest in 344,900 net acres of undeveloped land in the Aquitaine and Paris Basins, as well as 316 net producing oil wells in France. The company also owned 53% working interest in 735,700 net acres of developed land, of which 95% is undeveloped, and 43 net producing gas wells in the Netherlands; a 100% working interest in the Wandoo block that covers an area of approximately 59,600 acres in Australia; and an 18.5% working interest in the offshore Corrib gas field comprising 6 offshore wells located off the northwest coast of Ireland. It has 54,857 barrels of oil equivalent (Mboe) of total proved reserves and 86,105 Mboe of proved plus probable reserves located in Canada; 36,230 Mboe of total proved reserves and 55,168 Mboe of proved plus probable reserves located in France; 6,186 Mboe of total proved reserves and 13,717 Mboe of proved plus probable reserves located in the Netherlands; 14,024 Mboe of total proved reserves and 19,463 Mboe of proved plus probable reserves located in Australia; and 17,655 Mboe of total proved reserves and 24,106 Mboe of proved plus probable reserves located in Ireland. The company was founded in 1994 and is headquartered in Calgary, Canada.
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