Vermilion Energy (VET.TO, VET) has entered into an arrangement agreement to acquire Westbrick Energy, a privately held oil and gas

Vermilion Energy said it has agreed to acquire Alberta-based private oil and gas company Westbrick Energy for 1.08 billion Canadian dollars ($751.2 million). The Canadian energy company said the acquisition is part of its initiative to increase operational scale and enhance full-cycle margins in the liquids-rich Deep Basin in the province.