The power struggle continues to unfold in Syria as HTS push for control of some areas and sectarian tensions arise.

The latest announcement is out from Vermilion Energy ( (TSE:VET) ).

Vermilion Energy announced a significant acquisition deal valued at $1.075 billion to acquire Westbrick Energy Ltd. This transaction is expected to enhance Vermilion’s production capacity by ...

The analyst lowered his 2025 and 2026 earnings per share projections to $2.30 and $2.96, respectively, from $3.15 and $3.55, ...

Vermilion signed a deal to take over Westbrick, which owns producing and non-producing assets in Canada's Deep Basin, via a $746.04 million stock purchase. Vermilion Energy Inc. has signed a deal ...

Vermilion Energy VET, a Canada-based oil and gas producer, has announced the acquisition of a privately held oil and gas firm, Westbrick Energy Limited, which operates out of Alberta’s Deep Basin.

However, Vermilion’s recent $1.075 billion CAD acquisition of Westbrick’s Deep Basin assets, comprising 50,000 boe/day of primarily natural gas production, could mark a turning point.

1333 ET—Vermilion Energy’s acquisition of Westbrick Energy is accretive but puts a significant strain on the company’s debt levels. National Bank of Canada’s Travis Wood notes that net ...

Petrofac signed a lock-up agreement with creditors laying the terms for a financial restructuring that includes new debt and equity. Petrofac Ltd. has signed a lock-up agreement with creditors ...