Vermilion, Peyto Beef Up Oil, Gas Investments Across Alberta

August 19, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Vermilion Energy (Calgary, Alberta) and Peyto Exploration and Development Corporation (Calgary), two exploration and production companies in Alberta's oil and gas plays, reported stronger production volumes in second-quarter 2025 as both companies intensified their focus on their most profitable Canadian shale assets. Industrial Info is tracking more than US$1.8 billion worth of projects from the two companies across North America, about 90% of which is attributed to projects in Alberta. Vermilion is broadening its role in Alberta's Deep Basin, where it acquired privately held oil and gas firm Westbrick Energy last year; Peyto plans to focus its second-half 2025 efforts on its highly profitable assets in the Notikewin and Sundance regions of the Deep Basin.