Vermilion Energy Financial and Operational Overview slide image

Vermilion Energy Financial and Operational Overview

VERMILION ENERGY NORTH AMERICA CANADA Targeting light oil and condensate-rich natural gas in West Central Alberta and light oil in SE Saskatchewan Over 400,000 net acres in West Pembina targeting the Mannville (2,400 - 2,700m depth) and Cardium (1,800m depth) formations with shared surface infrastructure Over 500,000 net acres of land in southeast Saskatchewan with development potential in several stacked high-return targets 2020 YTD Production: 60,655 boe/d; 1P/2P Reserves: 191.4 / 300.5 mmboe* UNITED STATES Targeting light oil opportunities in the Powder River Basin in northeastern Wyoming Over 130,000 net acres (90% operated working interest) in the Powder River Basin targeting Turner Sand development in the Hilight (2,600m) and East Finn (1,500m) assets 2020 YTD Production: 5,708 boe/d; 1P/2P Reserves: 30.6/59.3 mmboe* SIGNIFICANTLY ADVANTAGED PLAYS IN THE NORTH AMERICAN INDUSTRY As evaluated by GLJ in a report dated February 10, 2020, with an effective date of December 31, 2019. (See Advisory). VET: TSX WILL! NYSE 25
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