Seeking Alpha

Vermilion Energy acquires natural gas assets in Germany

  • Vermilion Energy (VET +0.5%) is set to enter Germany’s gas market through a $170M acquisition of GDF Suez’s (GDFZY, GDSZF) 25% interest in four producing natural gas assets.
  • Exxon Mobil (XOM) is operator of the assets held by a four-partner consortium.
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