Operational Impact: Lower Spending, Tighter Output
Alongside the sale, Vermilion revised its 2025 financial outlook, cutting capital spending guidance by $100 million and lowering production forecasts to a range between 117,000 and 122,000 barrels of oil equivalent per day.
“More than 90% of our production going forward will come from our global gas portfolio,” the company emphasized, signaling a firm commitment to energy streams better positioned for long-term resilience and lower carbon intensity.
Advisers Behind the Curtain and Contingency Clues
Behind the scenes, Torys LLP and Davis Graham & Stubbs LLP provided legal counsel to Vermilion, while Wells Fargo served as the exclusive financial adviser, and Citi weighed in as strategic adviser.
The agreement also includes a cherry on top for Vermilion—up to $10 million in contingent payments, tied to WTI crude price averages between July 2025 and June 2027. That kicker adds a speculative edge to the deal, offering future upside if the market tilts in their favor.
