2023-05-15 06:56:23 ET
Vermilion Energy ( NYSE: VET ) said Monday it lowered its Q2 production guidance by ~3% at the midpoint due to temporary shut-ins from the Alberta wildfires but said its full year guidance remains unchanged.
Vermilion ( VET ) now expects Q2 production of 80K-83K boe/day, after forecasting 84K-86K boe/day previously, but it maintained annual production guidance of 82K-86K boe/day.
The company said it has restored ~60% of the 30K boe/day of production that was shut-in by the wildfires, and its facilities and well sites sustained no major damage from the blazes.
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Vermilion Energy cuts Q2 production view after Alberta wildfires