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Vermilion Energy Trust
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August 2011 Investor Relations Presentation
| Lorenzo Donadeo | Page 18 of 11 |
April 19, 2024
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[D&C Costs]
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18 Building a Leading Land Position* All land additions in 2010/11 targeted ?A? quality land positions Overall Land Addition CostProspective AcreageCost ($MM) Average Cost ($/Acre) Legacy Land Position(at December 31, 2009)77,440n.a.$0 Crown Land Sales (2010/11)24,00585.1$3,545 3rdParty Acquisitions(2010/11)7,01351.6$7,358 Expiries 2010/11(5,098)n.a.n.a.TOTAL 103,360$133.1$1,288 Total Land Cost ($MM)Total A/B Prospect Locations Full Cycle Land Cost per A/B well$133.1480~$277,000 / well