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November 2022

Profit from Corrib gas field operation doubles amid record energy prices

Gordon Deegan -

Record European gas prices during the summer ensured that revenues recorded by Vermilion Energy from the Corrib Gas field for the first nine months of this year have more than doubled to C$259.9 million (€189.9 million).

New quarterly figures by Vermilion Energy show that the operator of the Corrib Gas field recorded $102 million in revenues from the start of July to the end of September which represents 39 per cent of Vermilion's total Corrib sales for the first nine months of 2022.

Posted Date: 
24 November 2022