Vermilion Energy Trust

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Description

Reliable and Growing Dividends Vermilion's disciplined, value driven strategy ensures the delivery of reliable and growing dividends to our shareholders. Vermilion maintains a five-year business plan that is periodically reviewed and submitted to the Board of Directors for approval. We evaluate the outlook for commodity prices, the market environment for properties, the availability of services and personnel, the general economic climate and the outlook in capital markets. Vermilion sets dividend levels based on the long-term sustainability of those dividends.

Vermilion is an oil-leveraged producer that adheres to a value creation strategy through the execution of full cycle exploration and production programs focused on the acquisition, exploration, development and optimization of producing properties in Western Canada , Europe and Australia .

Vermilion has earned recognition from the French government for its partnership with Tom d’Aqui, a producer of greenhouse tomatoes. The project uses geothermal heat from Vermilion's petroleum extraction process in the Parentis Field in France to heat 10 hectares of neighbouring greenhouse. This partnership has created 150 local jobs, and is fuelling the annual production of more than 3,000 tonnes of fresh, ripe, juicy tomatoes while reducing carbon dioxide emissions by 10,000 tonnes per year.

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