#Canada #Oil and Gas #Calgary #Vermilion Energy #Coelacanth Energy

Vermilion Energy Inc. Sells Shares of Coelacanth Energy Inc.

On December 8, 2025, Vermilion Energy Inc. (commonly known as Vermilion) announced a significant transaction involving the sale of 30 million common shares of Coelacanth Energy Inc. The shares were sold at a price of $0.76 each, totaling a transaction value of approximately $22.8 million. This transaction represents a noteworthy reduction in Vermilion's holdings, as it accounted for over 2% of Coelacanth’s outstanding shares, thereby necessitating Vermilion to file an early warning report as per regulatory requirements.

Prior to the sale, Vermilion held about 110.2 million common shares of Coelacanth, translating to roughly 20.7% ownership of the total issued shares. Post-transaction, their ownership has decreased to approximately 80.2 million shares, now accounting for around 15% of the outstanding stock.

Vermilion’s decision to sell these common shares aligns with its strategic priority to reduce debt and bolster its financial stability. While continuing to manage its investment portfolio, Vermilion may adjust its shareholdings further based on various market conditions, economic factors, and strategic evaluations. Importantly, according to an amendment to their investor rights agreement with Coelacanth, Vermilion may not sell more than 60 million of the initially held shares without Coelacanth’s consent until June 8, 2026.

This recent maneuver reflects Vermilion's ongoing commitment to enhancing the resilience of its business operations. As a prominent global gas producer, Vermilion is focused on maximizing value through its ventures in both Canada and Europe, primarily targeting the acquisition and development of liquids-rich natural gas.

Vermilion emphasizes its dedication to safety, environmental stewardship, and community investment as core to its operational philosophy. The company actively seeks to optimize its asset management while ensuring financial prudence.

Furthermore, Vermilion’s operational strategy is not solely determined by shareholdings but is also influenced by market trends and industry health. The company aims to maintain a competitive edge while adhering to principles of corporate social responsibility.

For those tracking investments, Vermilion trades under the ticker symbols VET on both the Toronto Stock Exchange and New York Stock Exchange. This makes Vermilion a noteworthy consideration for investors seeking exposure in the oil and gas sectors amidst fluctuating global markets. As such, this recent share sale may be indicative of broader trends in strategic asset management within the industry. Moving forward, Vermilion will remain attentive to market dynamics as it navigates its investment decisions concerning Coelacanth and other similar ventures.

In summary, Vermilion Energy Inc.’s recent sale of Coelacanth common shares highlights a strategic decision made in response to the evolving economic landscape, demonstrating its focus on debt reduction and enhancing business resilience. Stakeholders and investors will be keen to monitor how Vermilion adapts its shareholdings in the future while prioritizing operational effectiveness and sustainability.

About Vermilion Energy

Vermilion Energy Inc. is a recognized global leader in the gas sector, dedicated to innovating within the field of oil and natural gas production. The company prioritizes comprehensive asset management, risk assessment, and stakeholder engagement, ensuring that it remains at the forefront of industry developments.