Vermilion Energy sees 2025 production 84K-88K Boe/d

2025 production guidance of 84,000-88,000 boe/d represents 2% growth at the mid-point compared to original 2024 production guidance. Sees 2025 E&D CapEx $600M-$625M. CapEx target includes drilling and infrastructure capital allocated across all major business units, including ongoing drilling and debottlenecking on the BC Montney asset and drilling capital allocated to European gas exploration and development in Germany, the Netherlands, and Central and Eastern Europe. 2025 fund flows from operations and free cash flow forecasted to be approximately $1.0B and $400M, respectively. 2025 payments on lease obligations are expected to be $20M, lower than the $110M of forecasted 2024 payments. The variable component of shareholder returns will continue to be allocated towards share buybacks