Since that time, Vermilion has continued to add assets to its portfolio focusing on three core regions: North America, Europe and Australia.

Vermilion has successfully leveraged its international diversification to outperform the relevant energy and broad market indices over the long-term.

The following year in 2005, Vermilion completed an acquisition of 60% of the offshore Wandoo field and platform located on the northwest shelf of Australia.

[5] Vermilion acquired an 18.5% non-operating stake in the Corrib field in the Republic of Ireland from Marathon Oil in 2009, which grew to 20% along with operatorship when Royal Dutch Shell exited the project in 2018.

The strategic acquisition of Leucrotta Exploration was announced on May 31, 2022, marking Vermilion’s entry into the prolific Montney resource play in Canada.

In Germany, the assets include four natural gas producing fields across 11 production licenses, spanning 1,100,000 acres (4,500 km2) in the prolific North German Basin.

[18] Wandoo is Vermilion's Australian asset, an offshore oil field and platform approximately 80 kilometres (50 mi) off the northwest coast of Australia.