Vermilion Energy Closes Saskatchewan Asset Sale

Ticker: VET · Form: 6-K · Filed: 2025-07-11T00:00:00.000Z

Sentiment: neutral

Topics: asset-sale, transaction-closing, sec-filing

TL;DR

Vermilion Energy just closed its Saskatchewan asset sale, filing the news on 7/11.

AI Summary

Vermilion Energy Inc. announced the closing of its Saskatchewan asset sale on July 10, 2025. The company filed a Form 6-K report with the SEC on July 11, 2025, detailing this transaction. This filing includes a news release from July 10, 2025, confirming the sale.

Why It Matters

The sale of assets can impact Vermilion Energy's future production, revenue streams, and strategic focus within its operational regions.

Risk Assessment

Risk Level: low — This filing is a routine report of a completed transaction and does not introduce new or significant risks.

Key Players & Entities

FAQ

What type of report is Vermilion Energy Inc. filing?

Vermilion Energy Inc. is filing a Form 6-K report, which is a Report of Foreign Private Issuer.

When was the Saskatchewan asset sale announced as closed?

The news release announcing the closing of the Saskatchewan asset sale is dated July 10, 2025.

What is the filing date for this Form 6-K?

This Form 6-K was filed on July 11, 2025.

Who signed the Form 6-K on behalf of Vermilion Energy Inc.?

Lars Glemser, VP and Chief Financial Officer, signed the report on behalf of Vermilion Energy Inc.

What is Vermilion Energy Inc.'s primary business as indicated by its SIC code?

Vermilion Energy Inc.'s Standard Industrial Classification (SIC) code is 1311, which corresponds to Crude Petroleum & Natural Gas.

From the Filing

0001279569-25-000728.txt : 20250711 0001279569-25-000728.hdr.sgml : 20250711 20250711112004 ACCESSION NUMBER: 0001279569-25-000728 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20250710 FILED AS OF DATE: 20250711 DATE AS OF CHANGE: 20250711 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VERMILION ENERGY INC. CENTRAL INDEX KEY: 0001293135 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation EIN: 000000000 STATE OF INCORPORATION: A0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35829 FILM NUMBER: 251117952 BUSINESS ADDRESS: STREET 1: 3500, 520 - 3RD AVENUE S.W. CITY: CALGARY STATE: A0 ZIP: T2P 0R3 BUSINESS PHONE: 403-269-4884 MAIL ADDRESS: STREET 1: 3500, 520 - 3RD AVENUE S.W. CITY: CALGARY STATE: A0 ZIP: T2P 0R3 FORMER COMPANY: FORMER CONFORMED NAME: VERMILION ENERGY TRUST DATE OF NAME CHANGE: 20040607 6-K 1 vermilion6k.htm FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER Pursuant to Rule 13a-16 or 15d-16 Under the Securities Exchange Act of 1934 For the month of July 2025 Commission File Number: 001-35829 Vermilion Energy Inc. (Exact name of registrant as specified in its charter) 3500, 520 – 3 rd Avenue S.W., Calgary, Alberta T2P 0R3 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☐ Form 40-F ☒ Exhibit Exhibit Description 99.1 News Release dated July 10, 2025 - Vermilion Energy Inc. Announces Closing of the Saskatchewan Asset Sale SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. 	 	 VERMILION ENERGY INC. By: /s/ Lars Glemser Title: Lars Glemser, VP and Chief Financial Officer Date: July 10, 2025 EX-99.1 2 ex991.htm NEWS RELEASE DATED JULY 10, 2025 Exhibit 99.1 Vermilion Energy Inc. Announces Closing of the Saskatchewan Asset Sale CALGARY, AB, July 10, 2025 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to confirm the closing of the previously announced sale of Saskatchewan assets for gross proceeds of $415 million. The assets are comprised of approximately 10,500 boe/d (86% oil and liquids) of non-core light oil production in Saskatchewan and Manitoba. This transaction marks another significant step in Vermilion's strategic plan to high-grade the asset portfolio that began three years ago, shifting our focus toward long-duration, scalable assets with deep inventory of high return on capital opportunities. Net cash proceeds from the sale will strengthen Vermilion's balance sheet and provide further capital allocation flexibility for core Canadian and European assets. About Vermilion Vermilion is a global gas producer that seeks to create value through the acquisition, exploration and development of liquids-rich natural gas in Canada and conventional natural gas in Europe while optimizing low-decline oil assets. This diversified portfolio delivers outsized free cash flow through direct exposure to global commodity prices and enhanced capital allocation optionality. Vermilion's priorities are health and safety, the environment, and profitability, in that order. Nothing is more important than the safety of the public and those who work with Vermilion, and the protection of the natural surroundings. In addition, the Company emphasizes strategic community investment in each of its operating areas. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET. For further information please contact: Dion Hatcher, President & CEO; Lars Glemser, Vice President & CFO; and/or Kyle Preston, Vice President, Investor Relations TEL (403) 269-4884 | IR TOLL F

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