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    Justin Joshua Ho • RBC Capital Markets

    Justin Joshua Ho's questions to Vermilion Energy Inc (VET) leadership

    Justin Joshua Ho's questions to Vermilion Energy Inc (VET) leadership • Q4 2024

    Question

    Justin Ho of RBC Capital Markets inquired about Vermilion's successful German gas exploration program, asking for details on potential unrestricted flow rates and the production timeline. He also requested an update on the asset sales process for the company's Saskatchewan and Wyoming properties.

    Answer

    Darcy Kerwin, VP of International and HSE, detailed the phased production timeline for the German wells, noting the Osterheide well will come online in Q2 2025 and the Wisselshorst well in early 2026, both with initial rate restrictions followed by debottlenecking to increase capacity. President and CEO Dion Hatcher added that the asset sale process is 'well advanced' with strong interest, emphasizing the high quality and retention value of the assets.

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    Justin Joshua Ho's questions to Vermilion Energy Inc (VET) leadership • Q4 2024

    Question

    Justin Joshua Ho of RBC Capital Markets inquired about Vermilion's successful German gas exploration program, asking for details on potential unrestricted flow rates and production timelines. He also requested an update on the asset sales process for the company's Saskatchewan and Wyoming properties.

    Answer

    Darcy Kerwin, VP of International and HSE, detailed the phased production timeline for the German wells, noting the Osterheide well will come online in Q2 2025 and the Wisselshorst well in early 2026, both initially rate-restricted with plans for future debottlenecking. President and CEO Dion Hatcher added that the formal sales process for the Saskatchewan and U.S. assets is well advanced, with strong interest due to their high-quality, high-netback nature.

    Ask Fintool Equity Research AI