Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.

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Vermilion Energy Inc > Impact of EU Gas Premiums

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Comment by Konaboyon Nov 21, 2021 4:34pm

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Post# 34151047

RE:Impact of EU Gas Premiums

Q3 Report
Production Total (BOED)	84,633
% referenced to TTF/NBP	0.15
EU Gas (BOED)	12,695
Convert to MMCF (X6)	76,170	<-100% of EU gas (1)

Sept 30 Hedging Report	NBP collar	TTF collar	Hedged EU MCF	% Hedged (1)	Unhedged EU MCF
Q4 2021	58,962	2,457	61,419	81%	14,751
Q1 2022	36,851	2,457	39,308	52%	36,862
Q2 2022	27,024	2,457	29,481	39%	46,689
Q3 2022	19,654	2,457	22,111	29%	54,059
Q4 2022	19,654	2,457	22,111	29%	54,059

Gross Revenue Projections	Hedged	Price	Unhedged	Market Price	Price Delta MMCF	Unhedged Incremental Revenue (Daily)	Quarter	Delta from Q4
Q4 2021	61,419	5.69	14,751	30	24.31	$ 358,590	$ 32,273,057	0
Q1 2022	39,308	7.55	36,862	30	22.45	$ 827,545	$ 74,479,065	$ 42,206,008
Q2 2022	29,481	5.78	46,689	20	14.22	$ 663,913	$ 59,752,198	$ 27,479,142
Q3 2022	22,111	6.2	54,059	20	13.8	$ 746,010	$ 67,140,905	$ 34,867,849
Q4 2022	22,111	6.2	54,059	20	13.8	$ 746,010	$ 67,140,905	$ 34,867,849
							2022 Annual	$ 139,420,848
Used Daily Sold Call volumes and prices for hedged calculations
Hedging costs and royalties are not considered