CALGARY,
AB, June 1, 2022 /PRNewswire/ - Vermilion
Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX:
VET) (NYSE: VET) is pleased to announce the appointment of Mr.
Myron Stadnyk to our Board of
Directors.
Mr. Stadnyk brings over 35 years of business and industry
knowledge, with extensive experience in senior leadership, cost
management, operational effectiveness, governance, health, safety,
and environment. He most recently served as the President and Chief
Executive Officer of ARC Resources Ltd. where he led ARC's
transformation from a royalty trust to a top-tier Montney producer demonstrating outstanding
strategic leadership. Prior to ARC, Mr. Stadnyk worked at
a major oil and gas company in both domestic and international
operations.
He currently serves as a member of the Board of Directors for
Crescent Point Energy Corp., Prairie Sky Royalty Ltd. and the
University of Saskatchewan Engineering
Trust.
Mr. Stadnyk holds a Bachelor of Science in Mechanical
Engineering from the University of
Saskatchewan and is a graduate of the Harvard Business
School Advanced Management Program. He is a member of the
Association of Professional Engineers
and Geoscientists of Alberta and served as a Governor for the
Canadian Association of Petroleum Producers for over 10 years.
We are excited to welcome Mr. Stadnyk to our Board of Directors,
and look forward to his diverse skills, perspectives and expertise
contributing to the ongoing success of Vermilion.
About Vermilion
Vermilion is an international energy producer that seeks to
create value through the acquisition, exploration, development and
optimization of producing assets in North
America, Europe and
Australia. Our business model
emphasizes free cash flow generation and returning capital to
investors when economically warranted, augmented by value-adding
acquisitions. Vermilion's operations are focused on the
exploitation of light oil and liquids-rich natural gas conventional
resource plays in North America
and the exploration and development of conventional natural gas and
oil opportunities in Europe and
Australia.
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 by leading ESG rating agencies for our transparency on
and management of key environmental, social and governance issues.
In addition, we emphasize strategic community investment in each of
our operating areas.
Employees and directors hold approximately 4% of our outstanding
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.