Vermilion Energy is an international energy producer based in Calgary, Canada. It has operations in North America, Europe and Australia. Vermilion is listed on the Toronto Stock Exchange and the New York Stock Exchange.
History
Vermilion was founded in 1994 as a Canadian oil and gas exploration and production company focused on assets in Alberta, Canada.[3]
In 1997, Vermilion expanded internationally through the acquisition of oil-producing assets in France. Since 1997, Vermilion has continued to add assets to its portfolio with operations across North America, Europe and Australia.
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 2004, Vermilion started to operate in the Netherlands. The following year in 2005, Vermilion completed an acquisition of 60% of the offshore Wandoo field and platform located on the northwest shelf of Australia.[5]