CALGARY, May 8, 2015 /CNW/ – Vermilion Energy Inc. (“Vermilion” or “Company”) (TSX, NYSE: VET) is pleased to report that at its annual meeting of shareholders held on May 8, 2015 each of the ten nominees proposed as directors and listed in its Proxy Statement and Information Circular dated April 10, 2015, 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||70,821,777||98.13||1,349,154||1.87|
|Claudio A. Ghersinich||70,925,946||98.27||1,244,985||1.73|
|Joseph F. Killi||70,794,860||98.09||1,376,071||1.91|
|Loren M. Leiker||72,092,863||99.89||78,068||0.11|
|William F. Madison||71,905,556||99.63||265,375||0.37|
|Dr. Timothy R. Marchant||71,676,042||99.31||494,889||0.69|
|Sarah E. Raiss||71,686,667||99.33||484,264||0.67|
|Kevin J. Reinhart||72,091,042||99.89||79,889||0.11|
|Catherine L. Williams||72,082,699||99.88||88,232||0.12|
Vermilion is an oil-leveraged producer that seeks to create value through the acquisition, exploration, development and optimization of producing properties in North America, Europe and Australia. Our business model targets annual organic production growth of 5% or more along with providing reliable and increasing dividends to investors. Vermilion is targeting growth in production primarily through the exploitation of light oil and liquids-rich natural gas conventional resource plays in Canada and the United States, the exploration and development of high impact natural gas opportunities in the Netherlands and Germany, 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. Vermilion pays a monthly dividend of Canadian $0.215 per share, which provides a current yield of approximately 5%. Management and directors of Vermilion hold approximately 6% of the outstanding shares, are committed to consistently delivering superior rewards for all stakeholders, and have delivered a 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.
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