Canada

Thursday, June 5, 2025, 12:06 pm

Calgary-based Vermilion Energy announced it will sell its remaining U.S. assets for $120 million in cash as part of a strategic move to reduce debt and streamline operations. The asset sale reflects the company’s efforts to realign its portfolio amid ongoing market volatility.

calgaryherald.com / Calgary's Vermilion Energy to sell remaining U.S. assets

'Vermilion would like to sincerely thank our talented and dedicated field teams in Wyoming for their commitment to safe and efficient operations over the past 11 years'

theglobeandmail.com / Calgary’s Vermilion Energy to sell U.S. assets for $120-million in cash

The company says net proceeds from the sale will be used to repay debt

permalink / 2 stories from sources in 27 hours ago #business #energy #albert #canada

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Calgary’s Vermilion Energy to sell U.S. assets for $120-million in cash / Globe and Mail / Canada

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