Corrib gas field operator benefits from soaring energy prices
Vermilion Energy’s revenues from Corrib last year rose by 267%
Vermilion Energy’s revenues from Corrib last year rose by 267%
Deal with Vermilion is worth €434m
Vermilion Energy records Can$47m in revenues from July to the end of September
Company records decline due to sharp reduction in price of gas arising from pandemic
Operations hit by a 25 increase in expenses
Slump in sales confirmed in accounts for Vermilion Energy, which operates Co Mayo site
Accounts filed by Canadian operator Vermilion Energy highlight the jump in income in 2018 at the Mayo gas field
Full-year loss due primarily to €165 million impairment charge
Canadian firm Vermilion bought 18.5% of gas field in 2009 using hybrid instruments
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