Vermilion Energy Trust ("Vermilion") and its joint venture participants, Verenex Energy Inc. ("Verenex") and Bordeaux
Energy Inc. ("Bordeaux") are pleased to announce that the Orca 1 well, targeting a very significant structure on the Aquitaine Maritime Permit offshore France in the Bay of Biscay, commenced drilling on August 26, 2007.
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. Vermilion Energy Trust trades on the Toronto Stock Exchange under the symbol VET.UN