Vermilion Energy Trust ("Vermilion") and its joint venture participants, Verenex Energy Inc. ("Verenex") and Bordeaux
Energy Inc. ("Bordeaux") announce the Orca 1 well has been abandoned. Although the well encountered a thick sandstone formation as indicated by seismic, no hydrocarbons were discovered. Evaluation of the data gathered from this well,
together with further seismic evaluation should provide a better understanding of any potential of the remaining structures on the Aquitaine Maritime Permit offshore France.

Vermilion's net effective capital exposure is estimated to be
approximately $9.0 million, representing less than 3% of projected 2007 cash flow, based on an expected gross well cost of $55 million.

Vermilion Energy Trust focuses on the acquisition, development and optimization of mature producing properties in Western Canada, Western Europe and Australia. Vermilion achieves value creation through the execution of asset optimization programs and strategic acquisitions. Vermilion also exposes
its unitholders to significant upside opportunities while limiting capital risk. Management and directors of the Trust hold approximately 9% of the outstanding units and are dedicated to consistently delivering superior rewards for all its stakeholders.