Vermilion Energy Trust continued the name of our predecessor
oil and gas company, Vermilion Resources Ltd. The name
originated from Alberta’s Vermilion Lakes, a reflection
of their reddish ochre waters. The strong colour of
vermilion, which is made up of red, orange and yellow,
reflects the company – vibrant energy trust brightening
unitholders portfolios through distinctive assets and
strategic depth.
Successful
Strategy
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Expand
asset base through strategic acquisitions, farm-ins,
asset optimization and exploration activities.
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Focus
growth in three regions; Canada, Western Europe &
Australia
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More
than 12 years of successful operating results
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Control
costs by operating its properties - be recognized as a
premier operator on and offshore
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Expose
unitholders to significant upside opportunities while
limiting capital risk
The
members of the management team average more than 20
years of operating experience and are led by Lorenzo
Donadeo (President & CEO), 1 of 3 co-founders of
the predecessor company, Vermilion Resources Ltd.
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Strong
track record of high returns and low costs
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Since
converting to a trust in 2003, Vermilion has generated
a 5-year compound average rate of return of 30.4% (not
including reinvestment of distributions) representing
top quartile performance.
Beginning
with the December 2007 distribution, Vermilion increased
the monthly distribution by 12% to $0.19 per unit. This
is the first change in Vermilion's distribution in five
years.
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Vermilion's
5 year plan is geared to sustaining a stable distribution
No
External Management Fees
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A
performance-based employee bonus plan is administered by the
board of directors
Registered
Investment
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Vermilion
is registered under section 204.4 of the Income Tax Act.