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VAALCO Energy

Contacts

VAALCO Energy, Inc.
9800 Richmond, Suite 700
Houston, Texas 77042

Tel: 713 623 0801

Description

VAALCO Energy, Inc. is a Houston, Texas based independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas. VAALCO’s strategy is to increase reserves and production through the exploration and operation of oil and gas properties, with a focus on international opportunities. 

The Company’s properties and exploration activities are located in Gabon and Angola, West Africa. VAALCO’s stock is traded on the New York Stock Exchange under the symbol “EGY”.

VAALCO Energy, Inc.’s focus is on the existing West Africa asset base and acreage positions. The company's growth strategy is to fully exploit the potential and expand their West Africa footprint.

Production

The Company produced an average of 13,560 BOPD gross, (3,664 BOPD net to VAALCO) in the fourth quarter of 2019. In the full year 2019, the Company produced an average of 12,863 BOPD gross, (3,476 BOPD net to VAALCO). The Company’s 2019 net exit production rate was approximately 4,800 BOPD, which included the benefit of the Etame 9H and Etame 4H wells coming online in December, but not production from the Etame 11H well which came online in early 2020.

VAALCO’s proved SEC reserves at December 31, 2019 were 5.0 NRI MMBO proved developed reserves. The proved developed reserves are 5.7 MMBO on a WI basis.

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Related news

VAALCO Provides Gabon Operations Update
12/11/2024
VAALCO Energy Announces Third Quarter 2024 Results
12/11/2024
VAALCO Energy Completes Successful Drilling Campaign in Canada
29/05/2024
VAALCO Energy Announces Closing of Svenska Acquisition
30/04/2024
VAALCO Announces Finalization of Agreements in Equatorial Guinea
25/03/2024
VAALCO Reports Record 2023 Financial Results
14/03/2024
VAALCO Energy Provides Operational Update
09/12/2022
VAALCO Announces Approval of Plan of Development for Block P in Equatorial Guinea
26/09/2022
VAALCO Announces Change in Senior Leadership
02/09/2022
VAALCO Energy Provides Gabon Operational Update
03/08/2022
VAALCO and TransGlobe announce business combination
14/07/2022
VAALCO Completes South Tchibala 1HB-ST Well and Provides Operational Update
07/07/2022
VAALCO Announces Successful Drilling of South Tchibala 1HB-ST Well
02/06/2022
VAALCO Secures New Five Year, $50 Million Reserve Based Lending Facility
18/05/2022
VAALCO's Avouma 3H-ST Development Well Placed on Production
26/04/2022
VAALCO Successfully Drills Avouma 3H-ST Development Well, offshore Gabon
11/04/2022
VAALCO Energy Signs Contract to Support Subsea Reconfiguration and FSO Deployment at Etame Field
24/03/2022
VAALCO Energy Provides Update on Etame Field Reconfiguration and FSO Deployment
01/03/2022
VAALCO's Etame 8H-ST Well Has Been Placed on Production
07/02/2022
Vaalco Spuds First Well in 2021/2022 Drilling Campaign
13/12/2021

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