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Vermilion's debt piles up as quarterly losses mount

FOR the second quarter in a row Canadian oil and gas producer Vermilion Energy has posted a substantial loss, as revenue was hit by lower commodity prices.

paul hunt
Vermilion's debt piles up as quarterly losses mount

Vermilion, which operates the Wandoo oilfield in Australia through a subsidiary, had little good news overnight as it reported its half yearly.  Year to date the company has recorded a combined loss...

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