Vermilion Energy exits U.S. with nearly US$88 million asset sale
Canada's Vermilion Energy said on Thursday it will sell its United States assets for $120 million (US$87.88 million), completing its exit from the U.S. market.
The company said it will use the proceeds to repay debt, strengthen balance sheet and added that it expects to exit 2025 with a net debt of $1.3 billion.
The transaction, expected to close in the third quarter, will allow Vermilion Energy to focus on core gas-weighted assets in Canada and Europe.
The company also raised its current year production forecast to between 117,000 and 122,000 barrels of oil equivalent per day (boepd) from 84,000 to 88,000 boepd earlier.
Earlier this year, the company acquired privately held oil and gas firm Westbrick Energy for $1.075 billion, strengthening its position in the Deep Basin of Alberta.
(Reporting by Tanay Dhumal in Bengaluru; Editing by Mrigank Dhaniwala)
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Uhost R1-RXR02 Slushie Machine Pros and Cons Buy If… You love a quiet machine You don't want to wait a long time for your drinks to be ready Multiple cleaning options would be nice You'd appreciate a smart program for every drink type Don't Buy If… You need a machine that can keep your drinks cold for a long time Uhost R1-RXR02 Slushie Machine Specifications Dimensions: 17.9' x 17.9' x 9' Weight: 25.1 lbs Programs: 7 Capacity: 2.1 L Freeze Time: 15-30 mins Why Trust Shopping Trends? At Shopping Trends, every product we review goes through rigorous hands-on testing to ensure we're recommending only the best for Canadian households. With over a decade of experience in product evaluation and consumer reporting, I personally oversee each test and comparison. Our process is transparent, methodical, and grounded in real-world usage. Whether it's a cordless vacuum, a 4K TV, or a hammock for your next camping trip, we evaluate items the way you'd use them at home. When needed, we also consult Canadian industry experts to offer context and help readers make confident, informed decisions. Every 'top pick' featured in our guides has earned its spot through careful analysis, not sponsorship. How to Properly Choose Your Frozen Drink Maker Price Most frozen drink makers will cost somewhere between $300 and $400, but you can see some that exceed $700. Generally, more expensive frozen drink makers will have larger capacities, more smart preset programs for drinks, and a better user experience overall. Freeze Time The freeze time for different beverage types will vary (thicker drinks need more time to chill and thicken), so the freeze time for a drink can fall anywhere between 15 and 60 minutes. However, some machines will need 30 minutes for the thinnest drinks, and some can create an extra-thick drink in that amount of time. If you don't want to wait a while for your drinks, you'll want to find the shortest time window possible. Capacity The capacity of a frozen drink maker typically falls between 1.5 litres and 2.6 litres. A large capacity will be able to serve more guests at a time, but the machine will also be larger and demand more counter space. Larger machines might also need more time to freeze a batch if you're working at maximum capacity. Programs Frozen drink makers almost always come with a good selection of smart programs so you don't have to choose any settings (temperature or time) yourself. Some only have a handful, some have as many as seven, so it's a good idea to know what drinks you'll be making most often so you get a machine that offers a matching program. Thickness Levels Different frozen drink makers offer different numbers of thickness levels, typically ranging between five and eight. If you want to be extra-precise with your drink's thickness, aim for more levels. Disclaimer: The prices displayed are accurate at the time of publication. We'll do our best to keep them as up-to-date as possible, but you may see slight changes. The products in this list are ranked by independent third parties. Rankings are based on both reviews and independent testing.
