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Vermilion Energy Inc.

03:58 PM EST - Vermilion Energy Inc. : Announced that Shell E&P Ireland Limited, operator of the Corrib project, has received the final remaining consent required for production from the office of Ireland's Minister for Communications, Energy and Natural Resources. The Corrib partners (Shell, Vermilion and Statoil Exploration Ireland Limited) are now focused on final preparations to initiate first gas production at Corrib. Production levels at Corrib are expected to rise over a period of approximately six months to a peak rate estimated at 58 mmcf/d (9,700 boe/d), net to Vermilion. Vermilion Energy Inc. shares T.VET are trading down $0.61 at $37.83.