Vermilion Energy selling U.S. assets for $120 million in cash

Vermilion Energy Inc. has signed an agreement to sell its assets in the U.S. for $120 million in cash. The company says the deal includes about 5,500 barrels of oil equivalent per day of production and about 10 million barrels of oil equivalent of proved developed...

Inactive well cleanup results announced by minister

  REGINA – For the second straight year, the number of inactive oil wells in Saskatchewan has been reduced through the Inactive Liability Reduction Program (ILRP), which is administered by the Ministry of Energy and Resources. As of January 2025, there were...