CALGARY, AB, Nov. 17, 2020 /PRNewswire/ - Vermilion
Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX:
VET) (NYSE: VET) announces changes to its senior leadership team.
Mr. Michael Kaluza has stepped down
as Executive Vice President and Chief Operating Officer ("COO"),
effective immediately. We would like to thank Mr. Kaluza for his
many contributions to Vermilion over the past seven years.
Mr. Dion Hatcher has been
appointed to the newly created position of Vice President,
North America. Mr. Hatcher has
been with Vermilion since 2006 and most recently held the position
of Vice President of the Canadian Business Unit, a position he has
held since 2016. In his new role, Mr. Hatcher will be responsible
for all of Vermilion's operations in Canada and the
United States.
Mr. Darcy Kerwin has been
appointed to the newly created position of Vice President,
International & HSE where he will oversee Vermilion's Health,
Safety and Environment efforts and be responsible for all of
Vermilion's international operations. Mr. Kerwin has been with
Vermilion since 2005 and has worked in our Canada, France, Australia and Ireland business units and most recently in
the Calgary Head Office as Vice President, Strategic Planning.
We would like to congratulate Mr. Hatcher and Mr. Kerwin on
their new roles and look forward to their ongoing contributions to
Vermilion. These promotions are in alignment with Vermilion's
objectives of promoting from within to develop internal succession
candidates and maintaining continuity in our business while
retaining our focus on efficient, effective operations.
In lieu of filling the role of COO we will rely on Mr. Hatcher
and Mr. Kerwin to jointly fulfill the duties and continue to
emphasize our focus on cost-control and safe, efficient, profitable
operations.
As previously announced, Mr. Hatcher and Mr. Kerwin are also
members of Vermilion's Executive Committee. The Executive Committee
is proving to be very successful in managing the company by
utilizing the collective knowledge of the eight Committee members
to collaborate on strategic decisions for the Company.
About Vermilion
Vermilion is an international energy producer that seeks to
create value through the acquisition, exploration, development and
optimization of producing properties in North
America, Europe and Australia. Our business model
emphasizes organic production growth augmented with value-adding
acquisitions, along with returning capital to investors when
economically warranted. Vermilion is targeting growth in production
primarily through the exploitation of light oil and liquids-rich
natural gas conventional resource plays
in Canada and the United
States, the exploration and development of high impact
natural gas opportunities in the
Netherlands and Germany, and through oil drilling and
workover programs in France and Australia. Vermilion
holds a 20% working interest in the Corrib gas field
in Ireland.
Vermilion's priorities are health and safety, the environment,
and profitability, in that order. Nothing is more important to us
than the safety of the public and those who work with us, and the
protection of our natural surroundings. We have been recognized as
a top decile performer amongst Canadian publicly listed companies
in governance practices, as a Climate Leadership level (A-)
performer by the CDP, and a Best Workplace in the Great Place to
Work® Institute's annual rankings in Canada, the
Netherlands and Germany. In addition, Vermilion
emphasizes strategic community investment in each of our operating
areas.
Employees and directors hold approximately 5% of our fully
diluted shares and are committed to delivering long-term value for
all stakeholders. Vermilion trades on the Toronto Stock Exchange
and the New York Stock Exchange under the symbol VET.
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SOURCE Vermilion Energy Inc.