加拿大运营商 Vermilion Energy 以 7.45 亿美元收购了私营企业 Westbrick Energy，扩大了其在艾伯塔省深盆地的业务范围。该交易包括深盆地东南部约 110 万英亩（净面积 77 万英亩）的土地和四座运营天然气厂，总产能为 102 MMcf/D。

该足迹与 Vermilion 传统的深盆地资产相邻且互补，提供了显著的运营和财务协同效应，包括资本效率改进、基础设施优化和天然气营销机会。

此次收购不包括 Duvernay 约 300,000 英亩（净 290,000 英亩）土地的未开发权，这些土地将由 Westbrick 的股东保留。Vermillion 预计该交易将于 2025 年第一季度完成。

Vermilion 总裁兼首席执行官 Dion Hatcher 表示：“深盆地是 Vermilion 近三十年来一直在运营的一个地区，目前是公司最大的生产资产。此次收购将增加 50,000 桶油当量/日的稳定产量和约 110 万英亩（770,000 净英亩）的土地，Vermilion 已从这些土地上确定了 700 多个钻井位置，提供了充足的库存，可使产量在未来 15 年内保持平稳，同时产生大量自由现金流，以增强公司的长期资本回报框架。”

随着收购带来的深盆地石油产量增加，Vermillion 成为第五大深盆地石油生产商。

交易完成后，Vermilion 将成为一个日产量约为 135,000 桶油当量的实体，其 80% 以上的产量来自其全球天然气特许经营权，其中包括阿尔伯塔省和不列颠哥伦比亚省约 550 MMcfe/D 的富液化天然气和超过 100 MMcf/D 的欧洲天然气，这些天然气直接受液化天然气定价影响，从而实现溢价的天然气价格。

根据运营商的开发计划，Vermillion 预计 2025 年的年产量将达到 50,000 桶油当量/天（75% 为天然气，25% 为液体）。这一产量水平同比增长 5%，预计根据远期商品价格将产生超过 1.1 亿美元的年度自由现金流。

新增的700个钻井地点主要位于Ellerslie、Notikewin、Rock Creek、Falher、Cardium、Wilrich和Niton地层，根据独立顾问提供的估计，半周期内部收益率从40%到100%以上不等。

已探明开发生产储量和已探明加概算储量分别估计为9200万桶油当量（75%为天然气）和2.56亿桶油当量（74%为天然气）。

Canadian operator Vermilion Energy is expanding its footprint in Alberta’s Deep Basin through the acquisition of privately held Westbrick Energy for $745 million. The deal includes around 1.1 million (770,000 net) acres of land and four operated gas plants with total capacity of 102 MMcf/D in the southeast portion of the Deep Basin trend.

The footprint is contiguous and complementary to Vermilion's legacy Deep Basin assets providing significant operational and financial synergies, including capital efficiency improvements, infrastructure optimization, and gas marketing opportunities.

The acquisition excludes undeveloped Duvernay rights on approximately 300,000 (290,000 net) acres of land, which will be retained by the shareholders of Westbrick. Vermillion expects the deal to close in the first quarter of 2025.

“The Deep Basin is an area Vermilion has been operating in for nearly three decades and is currently the largest producing asset in the company,” said Dion Hatcher, president and CEO of Vermilion. “The acquisition adds 50,000 BOE/D of stable production and approximately 1.1 million (770,000 net) acres of land from which Vermilion has identified over 700 drilling locations, providing a robust inventory to keep production flat for over 15 years while generating significant free cash flow to enhance the company’s long-term return of capital framework.”

With the additional Deep Basin production from the acquisition, Vermillion becomes the fifth-largest Deep Basin producer.

Upon closing, Vermilion will be an approximately 135,000 BOE/D entity with greater than 80% of its production derived from its global gas franchise, consisting of approximately 550 MMcfe/D of liquids-rich gas in Alberta and British Columbia and more than 100 MMcf/D of European gas with direct exposure to LNG pricing, resulting in premium realized gas prices.

Vermillion expects annual production of 50,000 BOE/D (75% gas and 25% liquids) during 2025, based on the operator’s development plans. This production level represents 5% year-over-year growth and is forecast to generate more than $110 million of annual free cash flow based on forward commodity prices.

The 700 locations added to the drilling inventory are primarily located in the Ellerslie, Notikewin, Rock Creek, Falher, Cardium, Wilrich and Niton formations, with half-cycle internal rate of returns ranging from 40% to over 100% based on estimates provided by an independent consultant.

Proved developed producing and proved plus probable reserves are estimated at 92 million BOE (75% gas) and 256 million BOE (74% gas), respectively.