Vermilion
Vermilion
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  • Vision - To be recognized as the best high dividend oil & gas producer using a value driven growth strategy.  
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Vermilion Energy Inc. announces $0.19 CDN cash dividend for May 15, 2012 payment date

April 16, 2012

CALGARY, April 16, 2012 /CNW/ - Vermilion Energy Inc. ("Vermilion") (VET - TSX) is pleased to announce a cash dividend of $0.19 CDN per share payable on May 15, 2012 to all shareholders of record on April 30, 2012.  The ex-dividend date for this payment is April 26, 2012.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

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, Western Europe and Australia.  Vermilion is targeting annual growth in production through the exploitation of conventional resource plays in Western Canada, including Cardium light oil and liquids rich natural gas, the exploration and development of high impact natural gas opportunities in the Netherlands and through drilling and workover programs in France and Australia.  Vermilion also holds an 18.5% working interest in the Corrib gas field in Ireland.  In addition, Vermilion currently pays a monthly dividend of Canadian $0.19 per month per share.  Management and directors of Vermilion hold approximately 8% of the outstanding shares and are dedicated to consistently delivering superior rewards for all its stakeholders.  Vermilion trades on the Toronto Stock Exchange under the symbol VET and over-the-counter in the United States under the symbol VEMTF.


PDF available at: http://www.vermilionenergy.com/files/historical-press-releases/2012/2012-04-16 - Dividend Press Release for May 15_2012 Payment Date.pdf

For Releases prior to 2007 – please contact Vermilion’s IR Department at 1-866-895-8101 or email investor_relations@vermilionenergy.com

PDF Copies available for download at the bottom of each release.