Additional Reporting
As a responsible energy producer, we focus on three priorities: the safety of our operations and our communities, environmental stewardship, and profitability – in that order. Our efforts to identify and mitigate modern slavery risks, including forced labour and child labour risks, in our own operations and in our supply chain, align with our focus on safety.
2024 Modern Slavery
ESTMA
(Extractive Sector Transparency Measures Act)
Vermilion Energy is required to report annually under the Extractive Sector Transparency Measures Act (“ESTMA”) enacted by the Government of Canada, beginning with the year ended December 31, 2016.
- Vermilion Energy
- Spartan Energy
- Leucrotta Exploration
- Vermilion Australia
Spartan Energy ESTMA Reports
On May 28, 2018, Vermilion acquired all of the common shares issued and outstanding of Spartan Energy Corp. Spartan’s ESTMA reports relating to fiscal years prior to this acquisition can be found below.
Leucrotta Exploration ESTMA Reports
On May 31, 2022 Vermilion acquired all of the common shares issued and outstanding of Leucrotta Exploration Inc. Leucrotta’s ESTMA reports relating to fiscal years prior to this acquisition can be found below.
Vermilion Australia
Vermilion Australia’s Tax Transparency Code disclosure complies with guidelines set out by Australia’s Board of Taxation Voluntary Tax Transparency Code, which encourages companies to be more transparent to the public with their tax disclosures.
REMIT (Regulation on Energy Market Integrity and Transparency)
The European Union Regulation on Wholesale Energy Market Integrity and Transparency (No 1227/2011) (“REMIT”) came into force on 28th December 2011. REMIT provides a market abuse framework for wholesale energy markets and, amongst other things, requires market participants to publicly disclose inside information that they and their parent and related undertakings possess in relation to facilities and businesses that they or their affiliates own, operate or control, partly or wholly. Vermilion has established this REMIT disclosure webpage to make any public disclosures that it is required to make under REMIT.
- France
- Germany
- Hungary
- Ireland
- Netherlands
Gas producing assets are operated by Vermilion in France, but the production levels are such that currently we do not believe that information around changes in such levels is capable of amounting to inside information
En Français:
Les actifs gaziers sont opérés par Vermilion en France mais le faible niveau de production ne justifie pas selon nous que d’éventuelles variations de ce niveau puissent être assez significatives pour être considérés comme une information d’initiés
Gas producing assets are operated by ExxonMobil Production Deutschland and by Vermilion in Germany. The production levels are such that currently we do not believe that information around changes in such levels is capable of amounting to inside information.
In Deutsch:
Unsere Gasfelder in Deutschland werden durch ExxonMobil Production Deutschland und Vermilion betrieben. Aufgrund der Produktionsmengen können nach unserer derzeitigen Einschätzung Informationen zu Änderungen dieser Mengen keine Insider-Informationen auslösen.
Vermilion’s current Hungarian gas producing assets are operated by MOL (on behalf of Vermilion). The production levels are such that currently we do not believe that information around changes in such levels is capable of amounting to inside information.
In Magyar:
A Vermilion Energy jelenlegi magyarországi gáztermelő egységeit a MOL üzemelteti (a Vermilion Energy megbízásából). Tekintettel a kitermelt szénhidrogén mennyiségére kijelenthetjük, hogy a termelés ingadozásával kapcsolatos információk nem tekinthetők bennfentes információnak.
Vermilion Energy is the operator of the Corrib gas field and has primary responsibility for making any required disclosures under REMIT.
Click here to visit our REMIT page for further information.
Gas producing assets are operated by Vermilion in the Netherlands but the production levels are such that currently we do not believe that information around changes in such levels is capable of amounting to inside information.
In het Nederlands:
Aardgasproductie-installaties worden geopereerd door Vermilion in Nederland, maar het productie niveau is zodanig dat wij op dit moment niet vinden dat informatie rond veranderingen in deze niveaus beschouwd dient te worden als voorkennis.