CALGARY, May 2, 2014 /CNW/ - Vermilion Energy Inc.
("Vermilion" or "Company") (TSX, NYSE: VET) is pleased to report
that at its annual meeting of shareholders held on May 2, 2014 each of the nine nominees proposed as
directors and listed in its Proxy Statement and Information
Circular dated April 8, 2014, were
elected as directors of the Company.
The detailed results of the vote by ballot are as
follows:
| |
Votes
for |
Votes
Withheld |
| |
Number |
Percent (%) |
Number |
Percent (%) |
| Larry J. Macdonald |
69,122,812 |
99.55 |
311,903 |
0.45 |
| W. Kenneth Davidson |
69,367,092 |
99.90 |
67,623 |
0.10 |
| Lorenzo Donadeo |
69,321,284 |
99.84 |
113,431 |
0.16 |
| Claudio A. Ghersinich |
68,258,633 |
98.31 |
1,176,082 |
1.69 |
| Joseph F. Killi |
68,555,057 |
98.73 |
879,658 |
1.27 |
| Loren M. Leiker |
68,967,207 |
99.33 |
467,508 |
0.67 |
| William F. Madison |
69,304,212 |
99.81 |
130,503 |
0.19 |
| Dr. Timothy R. Marchant |
69,389,614 |
99.94 |
45,101 |
0.06 |
| Sarah E. Raiss |
68,791,369 |
99.07 |
643,346 |
0.93 |
For complete voting results, please see our Report
of Voting Results available through SEDAR at www.sedar.com and
EDGAR at www.sec.gov/edgar.shtml
Vermilion is an oil-leveraged producer that adheres
to a value creation strategy through the execution of full cycle
exploration and production programs focused on the acquisition,
exploration, development and optimization of producing properties
in Western Canada, Europe and Australia. Our business model targets annual
organic production growth of approximately 5% along with providing
reliable and increasing dividends to investors. Vermilion is
targeting growth in production primarily through the exploitation
of conventional resource plays in Western
Canada, including Cardium light oil and liquids rich natural
gas, the exploration and development of high impact natural gas
opportunities in the Netherlands
and through drilling and workover programs in France and Australia. Vermilion also holds an 18.5%
working interest in the Corrib gas field in Ireland. In addition, Vermilion pays a monthly
dividend of Canadian $0.215 per
share, which provides a current yield of approximately 4%.
Management and directors of Vermilion hold approximately 8% of the
outstanding shares and are dedicated to consistently delivering
superior rewards for all stakeholders, featuring an 20-year history
of market outperformance. Vermilion trades on the Toronto Stock
Exchange and the New York Stock Exchange under the symbol VET.
SOURCE Vermilion Energy Inc.