EXHIBIT 99.11
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[LOGO - VERMILION ENERGY TRUST]
VERMILION ENERGY TRUST
PROXY AUTHORIZATION FORM
FOR HOLDERS OF TRUST UNITS
THIS PROXY AUTHORIZATION FORM IS SOLICITED BY
THE MANAGEMENT OF VERMILION RESOURCES LTD.
FOR THE ANNUAL AND SPECIAL MEETING OF TRUST UNITHOLDERS
TO BE HELD ON MAY 18, 2004.
The undersigned trust unitholder of Vermilion Energy Trust (the "Trust")
hereby appoints Lorenzo Donadeo of Calgary, Alberta, or failing him, Curtis
Hicks of Calgary, Alberta, with full power of substitution, or instead of either
of them, _______________________________________, as proxyholder for and on
behalf of the undersigned, to attend, act, and vote all of the trust units of
the Trust which the undersigned may be entitled to vote at the annual and
special meeting of trust unitholders of the Trust (the "Meeting") to be held on
May 18, 2004, and at any adjournment thereof, with all the powers which the
undersigned could exercise if personally present. A TRUST UNITHOLDER HAS THE
RIGHT TO APPOINT A PERSON TO ATTEND AND ACT ON HIS BEHALF AT THE MEETING OTHER
THAN ANY OF THE PERSONS DESIGNATED IN THIS PROXY AUTHORIZATION FORM. This right
may be exercised by inserting such other person's name in the blank space
provided for that purpose above or by completing another proper form of proxy
authorization form.
Without limiting the general powers conferred by this form of proxy
authorization form, the undersigned hereby revokes any proxy previously given
and directs the person named above as proxyholder to vote at the Meeting and at
any adjournment thereof, the trust units represented by this proxy authorization
form as follows:
1. On the resolution appointing Deloitte & Touche LLP as auditors of the Trust
for a term expiring at the close of the next annual meeting of the
unitholders of the Trust.
To VOTE FOR [_] or WITHOLD VOTE [_]
(AND, IF NO SPECIFICATION IS MADE, TO VOTE FOR)
2. On the resolution electing the directors of Vermilion Resources Ltd. to
hold office until the next annual meeting of unitholders or until their
successors are elected or appointed.
To VOTE FOR [_] or WITHOLD VOTE [_]
(AND, IF NO SPECIFICATION IS MADE, TO VOTE FOR)
3. On the resolution approving of the issuance of up to 6,775,000 Trust Units
by the Trust pursuant to Vermilion Resources Ltd.'s Trust Unit Rights
Incentive Plan.
To VOTE FOR [_] or WITHOLD VOTE [_]
(AND, IF NO SPECIFICATION IS MADE, TO VOTE FOR)
4. In the discretion of the proxyholder in respect of any amendments or
variation to matters identified in the Notice of Annual and Special Meeting
included within the Proxy Statement and Information Circular of the Trust
dated April 15, 2004 (the "Proxy Statement and Information Circular") and
on all other matters that may properly come before the Meeting or any
adjournment thereof.
The full text of the resolution referred to in Item 3 is set forth in
Schedule "A" to the Proxy Statement and Information Circular.
The trust units represented by this proxy authorization form will be voted in
the manner directed herein by the undersigned on any ballot that may be called
for. IF NO DIRECTION IS GIVEN, THE TRUST UNITS REPRESENTED BY THIS PROXY
AUTHORIZATION FORM WILL BE VOTED "FOR" ITEMS 1, 2 AND 3 ABOVE. IF ANY OTHER
BUSINESS OR AMENDMENTS OR VARIATIONS TO THE MATTERS IDENTIFIED IN THE NOTICE OF
ANNUAL AND SPECIAL MEETING INCLUDED WITH THE PROXY STATEMENT AND INFORMATION
CIRCULAR PROPERLY COME BEFORE THE MEETING, THEN DISCRETIONARY AUTHORITY IS
CONFERRED UPON THE PERSON APPOINTED IN THIS PROXY AUTHORIZATION FORM IN THE
MANNER THAT SUCH PERSON SEES FIT. The undersigned hereby agrees to ratify and
confirm all that such proxyholder may do by virtue hereof. The undersigned
hereby acknowledges receipt of the Notice of Annual and Special Meeting and the
Proxy Statement and Information Circular.
Dated __________________ __________________________________________
Signature of Holder
__________________________________________
Name (please print) of Holder
__________________________________________
Name (please print) of Authorized Officer
Instructions:
1. In order for this proxy authorization form to be effective, this proxy
authorization form must be executed by the holder of trust units or the
attorney of such person authorized in writing or, if the holder of trust
units is a corporation, under its corporate seal or by an officer or
attorney thereof duly authorized, the label accompanying this proxy
authorization form must be affixed and this proxy authorization form must
be forwarded in the enclosed self-addressed envelope or by facsimile at
1-866-249-7775 or 416-263-9524 or by such other method of delivery as is
noted on the label form attached to this proxy authorization form (if
applicable) to be received no later than 3:00 p.m. (Toronto time) on May
14, 2004 or, if the Meeting is adjourned, by 3:00 p.m. (Toronto time) on
the second business day prior to the date of the adjourned Meeting, or any
further adjournment thereof. If the date is not inserted in the blank space
provided above, this proxy authorization form shall be deemed to be dated
on the day on which it is mailed by the Trust with the Proxy Statement and
Information Circular.
2. The signature of the holder of trust units should be exactly the same as
the name appearing on the label to be affixed to this proxy authorization
form.
3. Persons signing as executors, administrators, trustees, etc. should so
indicate. If the holder of trust units is a corporation, its corporate seal
must be affixed or this proxy authorization form must be signed by an
officer or attorney thereof duly authorized.
PLEASE MARK, DATE AND SIGN THIS PROXY AUTHORIZATION FORM AND PROMPTLY RETURN IT
USING THE ENCLOSED ENVELOPE.