Vermilion Energy acquires natural gas assets in Germany

|About: Vermilion Energy Inc (VET)|By:, SA News Editor

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.