May 23 (Reuters) - Vermilion Energy Inc ( VET ):

* VERMILION ENERGY INC. ( VET ) ADVANCES STRATEGIC PORTFOLIO

REPOSITIONING

WITH AGREEMENT TO SELL ITS SASKATCHEWAN ASSETS AND ACCELERATE

DEBT REPAYMENT

* VERMILION ENERGY INC ( VET )- PROPOSED DEAL FOR FOR CASH PROCEEDS

OF

$415 MILLION

* VERMILION ENERGY ( VET ): EXPECTS FY 2025 PRODUCTION TO AVERAGE

BETWEEN

120,000 TO 125,000 BOE/D WITH CAPITAL EXPENDITURES IN RANGE OF

$680 TO $710 MILLION

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