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State: 23.04.2025 | 3AM
Tue, 10.09.2024       Vermilion Energy Inc.
CA9237251058

CALGARY, AB, Sept. 10, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", or the "Company") (TSX: VET) (NYSE: VET) is pleased to provide an operational update on key projects.

In Germany, we successfully completed testing operations for our first deep gas exploration well drilled earlier this year. The well was completed in the Rotliegend zone at a depth of approximately 5,000 meters and flow tested at a restricted rate of 17 mmcf/d(1) of natural gas with a wellhead pressure of 4,625 psi. Given the high pressure reading from this well, we believe deliverability would have been higher without testing equipment limitations. These results are very encouraging and validate our initial assessment of the reservoir. Tie-in operations are progressing to bring the well on production in the first half of 2025. We expect this well to produce into a third-party system at a restricted rate.

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