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PRODUCTION BY COUNTRY*
1. Canada – 44%
2. France – 24%
3. Netherlands – 14%
4. Australia – 13%
5. Germany – 5%
* June 2014
PRODUCTION BY COMMODITY*
Oil (Brent) – 37%
Oil (WTI) – 23%
NGL – 4%
Canadian Gas – 17%
European Gas – 19%
WHO WE ARE
• Our Canadian production is located in Alberta and Saskatchewan, and
includes dominant positions in key Cardium light oil and liquids rich
natural gas plays.
• We are France’s top onshore oil producer and one of the country’s most
active oil and gas companies.
• As the second largest onshore operator of natural gas in the Netherlands,
our properties provide abundant gas exploration potential in the heart of
the European natural gas markets.
WHO WE ARE
• We have an 18.5% non-operated interest in the Corrib Gas field that will
supply 95% of Ireland’s gas production.
• Our 100% operated interest in the Wandoo offshore field located on
Western Australia’s Northwest Shelf provides attractive oil development
and optimization opportunities.
• Our entry into Germany in 2013, positions Vermilion for future
development and expansion.
OUR OPERATION IN EUROPE
Vermilion is focused in four core areas in Europe: France, Netherlands, Ireland and
Germany. We entered France in 1997, Netherlands in 2004, Ireland in 2009 and Germany
in 2013.
In France, Vermilion is the top oil producer and achieved record production in 2013. Our French
assets are characterized by large OOIP conventional fields with high working interest (OOIP in
5 largest fields >1.7 billion barrels of oil) and represent resource play development over the
long-term.
We operate in a world class conventional natural gas basin in the Netherlands, with high impact
drilling and development. We achieved record annual production in 2013; after a previous
record year in 2012. We will continue to increase production with total undeveloped land of
more than 800,000 net acres.
OUR OPERATION IN EUROPE
Our non-operated Corrib project in Ireland, will deliver up to 65% of Ireland’s gas needs at peak
production. It is an offshore natural gas field 83 km NW of Ireland (350m water depth) with a
well total depth ~3,000 m below sea level. We expect production of 58 mmcf/d (9,700 boe/d)
net to Vermilion with first gas mid-2015.
Germany positions Vermilion for future development and expansion opportunities. From our
initial acquisition, we anticipate average sales gas volume of 2,300 boe/d, net to Vermilion for
calendar 2014. We are currently looking at a full spectrum of German opportunities, ranging
from conventional development / exploration to low permeability gas.

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Vermilion Energy Europe - Who We Are

  • 1. PRODUCTION BY COUNTRY* 1. Canada – 44% 2. France – 24% 3. Netherlands – 14% 4. Australia – 13% 5. Germany – 5% * June 2014
  • 2. PRODUCTION BY COMMODITY* Oil (Brent) – 37% Oil (WTI) – 23% NGL – 4% Canadian Gas – 17% European Gas – 19%
  • 3. WHO WE ARE • Our Canadian production is located in Alberta and Saskatchewan, and includes dominant positions in key Cardium light oil and liquids rich natural gas plays. • We are France’s top onshore oil producer and one of the country’s most active oil and gas companies. • As the second largest onshore operator of natural gas in the Netherlands, our properties provide abundant gas exploration potential in the heart of the European natural gas markets.
  • 4. WHO WE ARE • We have an 18.5% non-operated interest in the Corrib Gas field that will supply 95% of Ireland’s gas production. • Our 100% operated interest in the Wandoo offshore field located on Western Australia’s Northwest Shelf provides attractive oil development and optimization opportunities. • Our entry into Germany in 2013, positions Vermilion for future development and expansion.
  • 5. OUR OPERATION IN EUROPE Vermilion is focused in four core areas in Europe: France, Netherlands, Ireland and Germany. We entered France in 1997, Netherlands in 2004, Ireland in 2009 and Germany in 2013. In France, Vermilion is the top oil producer and achieved record production in 2013. Our French assets are characterized by large OOIP conventional fields with high working interest (OOIP in 5 largest fields >1.7 billion barrels of oil) and represent resource play development over the long-term. We operate in a world class conventional natural gas basin in the Netherlands, with high impact drilling and development. We achieved record annual production in 2013; after a previous record year in 2012. We will continue to increase production with total undeveloped land of more than 800,000 net acres.
  • 6. OUR OPERATION IN EUROPE Our non-operated Corrib project in Ireland, will deliver up to 65% of Ireland’s gas needs at peak production. It is an offshore natural gas field 83 km NW of Ireland (350m water depth) with a well total depth ~3,000 m below sea level. We expect production of 58 mmcf/d (9,700 boe/d) net to Vermilion with first gas mid-2015. Germany positions Vermilion for future development and expansion opportunities. From our initial acquisition, we anticipate average sales gas volume of 2,300 boe/d, net to Vermilion for calendar 2014. We are currently looking at a full spectrum of German opportunities, ranging from conventional development / exploration to low permeability gas.