Corporate ProfileVault Energy Trust is a Calgary-based energy income trust created through the reorganization of Chamaelo Energy Inc. in June 2005. Vault is exploitation and growth oriented with a multi-year inventory of low-risk development opportunities. Its goal is to sustain production with with existing assets and grow through acquistions. Vault's production portfolio is weighted 65% natural gas and 35% light oil. Vault's current reserve base is more balanced: 50% natural gas and 50% light oil. The areas of operations are geographically focused within west-central Alberta, and northeast British Columbia. The majority of production areas are accessible year round. Vault's assets are well suited to a Trust, as they are characterized by large natural gas and light oil volumes in place, a long reserve life, a predictable production profile, competitive netbacks, and opportunities to increase throughput in plants and facilities. These characteristics result in stable monthly distributions. Vault operates approximately 70% of its production, which permits hands-on asset management of assets, capital programs and operating costs. Vault units are traded on the Toronto Stock Exchange (TSX) under the symbol "VNG.UN". Our MissionTo build and optimize a quality energy asset base that generates predictable distributions and enhances value for unitholders. Our VisionVault strives to be the recognized leader in strategic growth through profitable acquisitions of energy assets and best-in-class exploitation. Our ValuesWe operate in a safe, honest and ethical manner with integrity, valuing:
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