financetom
Business
financetom
/
Business
/
Vermilion Energy Closes $415 Million Sale of Saskatchewan Assets
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Vermilion Energy Closes $415 Million Sale of Saskatchewan Assets
Jul 10, 2025 2:46 PM

05:22 PM EDT, 07/10/2025 (MT Newswires) -- Vermilion Energy ( VET ) said Thursday that it completed the $415 million sale of Saskatchewan assets.

The assets include about 10,500 barrels of oil equivalent per day of non-core light oil production in Saskatchewan and Manitoba, according to the company.

Net proceeds from the sale will strengthen Vermilion's balance sheet and provide capital allocation flexibility.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved