Vermilion Energy to Sell Remaining US Assets for $120 Million-February 2024-www.financetom.com

Vermilion Energy to Sell Remaining US Assets for $120 Million

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Vermilion Energy to Sell Remaining US Assets for $120 Million

Jun 5, 2025 4:16 AM

06:58 AM EDT, 06/05/2025 (MT Newswires) -- Vermilion Energy ( VET ) said Thursday it has agreed to sell its US assets for $120 million in cash.

Net proceeds from the sale will be used for debt repayment, the company said, adding that the deal is expected to close in Q3.

The sale completes Vermillion's exit from the US in order to focus on its core gas-weighted assets in Canada and Europe.

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