Vermilion Energy Trust Company Description
Vermilion Energy Trust (formerly Vermilion Resources) tries to stay out of the red by developing oil and gas properties in Canada, France, Australia, and the Netherlands. Vermilion is one of the leading energy trusts in Canada. In 2007 its oil and gas development assets included estimated proved reserves of 78.9 million barrels of oil equivalent and more than 649,640 net acres of undeveloped land (of which 58% is located in France). The company is pursuing a strategy of expanding its asset base through strategic acquisitions, farm-ins, asset optimization and exploration activities.
View the Comprehensive Company Description for Vermilion Energy Trust
The Company Description provides a historical perspective of Vermilion Energy Trust's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Vermilion Energy Trust's evolution in the marketplace.
