Doris Leblond
OGJ Correspondent
PARIS, July 11 -- Vermilion Rep's acquisition of Esso Rep, Esso SAF's French exploration and production unit, has been completed (OGJ Online, Mar. 6, 2006).
The acquisition raises Vermilion Rep's E&P production in France to about 10,000 b/d of oil. The company has acquired seven fields in the Aquitaine and Paris basins and a field discovered in the Aquitaine basin, all of which it will operate.
The fields are next to or complementary to nine fields Vermilion Rep already owned in France.
Separately, Vermilion Rep has acquired shares in two fields in the Paris basin operated by Total SA.
Previously, Vermilion Rep had acquired a number of Esso Rep fields, including the mature Parentis field in Aquitaine.