VAALCO Energy Inc.

VAALCO Energy Inc. announced that it will host a Capital Markets Day presentation on Wednesday, May 14, 2025. The presentation will begin at 8 a.m. Central Time and is expected to conclude by around 12:00 p.m. Central Time. The agenda will include presentations by key members of management on Vaalco's longer-term vision including growth across its diversified, multi-country asset base. Participation in the Capital Markets [...]

VAALCO Energy Inc. today reported operational and financial results for the fourth quarter and full year of 2024 and year-end 2024 reserves. The Company also provided 2025 operational and financial guidance for the first quarter and full year of 2025. Fourth Quarter 2024 Highlights: Reported net income of $11.7 million and Adjusted EBITDAX of $76.2 million; Produced 20,775 net revenue interest barrels of oil equivalent [...]

VAALCO Energy Inc. announced that it has entered into a new revolving credit facility with an initial commitment of $190 million and the ability to grow to $300 million, led by The Standard Bank of South Africa Limited, Isle of Man Branch with other participating banks and financial partners. This new facility, which is subject to customary administrative conditional precedents, replaces the Company's existing undrawn [...]

VAALCO Energy Inc. today announced the timing of its fourth quarter and full year 2024 earnings release and conference call. The Company will issue its fourth quarter 2024 and full year earnings release on Thursday, March 13, 2025 after the close of trading on the New York Stock Exchange and host a conference call to discuss its financial and operational results on Friday morning, March 14, 2025 at 10:00 a.m. Central Time [...]

VAALCO Energy Inc. announced that it has farmed into the CI-705 block offshore Côte d'Ivoire. Vaalco will become operator of the block with a 70% working interest and a 100% paying interest though a commercial carry arrangement and is partnering with Ivory Coast Exploration Oil & Gas SAS and PETROCI. The CI-705 block is located in the prolific Tano basin and is approximately 70 kilometers to the west of Vaalco's CI-40 [...]

VAALCO Energy Inc. today announced that it declared its quarterly cash dividend of $0.0625 per share of common stock for the first quarter of 2025 , which is payable on March 28, 2025, to stockholders of record at the close of business on February 28, 2025. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors. George Maxwell [...]

VAALCO Energy Inc. is pleased to announce a significant milestone in its Côte d'Ivoire Floating Production Storage and Offloading vessel Dry Dock Refurbishment Project. In alignment with the project timeline, the FPSO Baobab Ivoirien MV10, operated by Canadian Natural Resources International , ceased hydrocarbon production as scheduled on January 31, 2025. The final lifting of crude oil from the vessel is set to take [...]

VAALCO Energy Inc. today provided an operational update that included record production and sales volumes for 2024. Highlights and Key Items: Recorded full year 2024 sales volumes of 24,100 to 24,600 working interest barrels of oil equivalent per day , at the midpoint of its guidance range of 23,500 to 25,100 WI BOEPD; Full year 2024 sales volumes were 19,400 to 19,800 net revenue interest BOEPD, at the midpoint of the [...]

VAALCO Energy Inc. today announced that, in conjunction with its 2025/2026 drilling program planned to begin mid-2025 in Gabon, it has executed a contract with Borr Jack-Up XIV Inc., an affiliate of Borr Drilling Ltd. , to drill multiple development wells and appraisal/exploration wells, as well as perform workovers, with options to drill additional wells. George Maxwell, Vaalco's Chief Executive Officer commented, "We [...]

VAALCO Energy Inc. today announced its participation in an investor event hosted by Water Tower Research on Tuesday, November 19, 2024 at 11:00 a.m. Eastern . As part of WTR's ongoing Fireside Chat Series, Jeff Robertson, Managing Director at WTR, will lead a conversation with George Maxwell, Vaalco's Chief Executive Officer and Director to discuss the Company's preliminary plans for future development and exploration [...]