CALGARY, April 17, 2014 /PRNewswire/ - Vermilion Energy
Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce that
for a fifth consecutive year, it has been recognized as a Best
Workplace in Canada and
France. Vermilion was also
recognized as a Best Workplace in the
Netherlands in 2014, the first year its Netherlands operations have been eligible for
ranking.
In Canada,
Vermilion was ranked 5th Best Workplace in its category
for 2014. More than 300 Canadian companies participated in the
survey and Vermilion was the only energy company in Canada to be recognized as a Best Workplace.
In France, Vermilion received a
special award for corporate social responsibility and was ranked
13th Best Workplace in its category for 2014, with 166
French companies participating in the survey. Vermilion's
Netherlands business unit became
eligible to participate in the competition for the first time in
2014 and was ranked 10th Best Workplace in its category,
the highest score of any energy company in the survey. There were
112 participating companies in the
Netherlands in 2014.
Our strong rankings provide recognition of
Vermilion's strong workplace practices around the world and the
continued endorsement of our talented and innovative workforce that
Vermilion continues to be a great place to work.
"We have great people and a strong corporate
culture. These two attributes are key to the foundation for
our success at Vermilion." says CEO Lorenzo
Donadeo.
The competition process is managed by the Great
Place to Work® Institute and is based on two
criteria: two-thirds of the total score is derived from results of
a detailed, multi-faceted survey of employees that also
incorporates a review of open-ended comments made by employees
about their organization; the remaining one-third of the score
comes from an in-depth review of the organization's culture,
including an evaluation of HR policies and procedures. This offers
a rigorous representation of the organization from an employee
perspective, and an overall portrait of the workplace culture.
Together, they provide crucial data relative to the five
trust-building dimensions of a great place to work®: credibility,
respect, fairness, pride, and camaraderie.
About Vermilion Energy Inc.: Vermilion is
an oil-leveraged producer that adheres to a value creation strategy
through the execution of full cycle exploration and production
programs focused on the acquisition, exploration, development and
optimization of producing properties in Western Canada, Europe and Australia. Our business model targets annual
organic production growth of approximately 5% along with providing
reliable and increasing dividends to investors. Vermilion is
targeting growth in production primarily through the exploitation
of conventional resource plays in Western
Canada, including Cardium light oil and liquids rich natural
gas, the exploration and development of high impact natural gas
opportunities in the Netherlands
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. In addition, Vermilion pays a monthly
dividend of Canadian $0.215 per
share, which provides a current of approximately 4%.
Management and directors of Vermilion hold approximately 8% of the
outstanding shares and are dedicated to consistently delivering
superior rewards for all stakeholders, featuring an 20-year history
of market outperformance. Vermilion trades on the Toronto Stock
Exchange and the New York Stock Exchange under the symbol VET.
About the Great Place to Work® Institute:
Great Place to Work® Institute is a global research and management
consultancy with expertise on workplace transformation and a
presence in 46 countries worldwide. Our mission is to improve
society by creating better workplaces. We are best-known for our
global Best Workplaces Programme, which we produce in conjunction
with prestigious media partners such as the Globe and Mail, the
Financial Times and Fortune. With more than 5,500 organizations
surveyed every year across the globe, the programme is the world's
largest of its kind.
SOURCE Vermilion Energy Inc.