EGY Vaalco Energy Inc.

VAALCO Energy, Inc. Announces Participation in Water Tower Research Fireside Chat on November 19, 2024

VAALCO Energy, Inc. Announces Participation in Water Tower Research Fireside Chat on November 19, 2024

HOUSTON, Nov. 18, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) today announced its participation in an investor event hosted by Water Tower Research (“WTR”) on Tuesday, November 19, 2024 at 11:00 a.m. Eastern (10:00 a.m. central and 4 p.m. London).

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 across Vaalco’s portfolio in the coming years. Topics will include:

  • The planned drilling program in Gabon;
  • Cote D’Ivoire FPSO maintenance and upgrades that are slated to begin in 2025 to pave the way for future drilling;
  • Upcoming activity in Egypt, Canada and Equatorial Guinea; and
  • The asset portfolio and strong balance sheet, which position Vaalco to grow reserves/production in support of building value and returning cash to shareholders.

Investors and other interested parties can access the event by registering in advance at  

. (Please note that the web address is being provided as a courtesy; information from the website is not incorporated into, or a part of, this press release.) This discussion will also be webcast on Vaalco’s website at . An audio replay will be available on the Company’s website following the call.

About Vaalco

Vaalco, founded in 1985 and incorporated under the laws of Delaware, is a Houston, Texas, USA based, independent energy company with a diverse portfolio of production, development and exploration assets across Gabon, Egypt, Cote d’Ivoire, Equatorial Guinea, Nigeria and Canada.

For Further Information

Vaalco Energy, Inc. (General and Investor Enquiries) 422
Website:
  
Al Petrie Advisors (US Investor Relations) 422
Al Petrie / Chris Delange 
  
Buchanan (UK Financial PR)+44 (0) 207 466 5000
Ben Romney / Barry Archer m


EN
18/11/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Vaalco Energy Inc.

Stephane Foucaud
  • Stephane Foucaud

AUCTUS ON FRIDAY - 23/05/2025

AUCTUS PUBLICATIONS ________________________________________ ADX Energy (ADX AU)C; Target price of A$0.30 per share: Adding four low risk drill-ready shallow gas prospects to start drilling by YE25 – ADX has now matured 13 shallow gas prospects across the ADX-AT-I and ADX-AT-II licence areas in Austria. The play is proven, supported by historical discoveries within the basin. Nearby historical discoveries in the area have produced 220 bcf to date. The prospects benefit from AVO anomalies, enhanc...

Stephane Foucaud
  • Stephane Foucaud

Vaalco Energy (NYSE: EGY): The road to 50 mboe/d by 2030

• During the capital markets day last week, Vaalco outlined a production growth profile reaching >45 mboe/d in 2029 and 50 mboe/d in 2030 – surpassing the peak production of ~40 mboe/d that we had anticipated. • Production is expected to reach ~30 mboe/d by mid-2026 , driven by the 2025/2026 drilling program in Gabon and the restart of production at Baobab in Côte d’Ivoire (CI). • The next major increase is forecasted for 3Q28, with the start-up of Venus in EG, adding +20 mbbl/d gross productio...

Stephane Foucaud
  • Stephane Foucaud

AUCTUS ON FRIDAY - 16/05/2025

AUCTUS PUBLICATIONS ________________________________________ Chariot (CHAR LN)C: Recovering 75% WI of licences in Morocco – Energean has returned its Moroccan offshore interests to Chariot. As a result, Chariot now holds 75% in the Lixus Offshore and Rissana Offshore licences. Condor Energies (CDR CN)C; Target price of C$5.90 per share: Acquiring a LNG facility for Kazakhstan to deliver first LNG sale in 2Q26 – 1Q25 production in Uzbekistan was 11,179 boe/d (+6% vs. production in 4Q24). Condor ...

Stephane Foucaud
  • Stephane Foucaud

Vaalco Energy (NYSE: EGY): Strong quarter. Resilient to low oil price

• 1Q25 WI production of 22,402 boe/d was at the high end of expectations. The Ebouri well continues to produce at ~1 mbbl/d (gross) on test. • Cash flow from operations was US$32.7 mm, while capex of US$58 mm came in below projections. Underlying cash flow was even higher, at ~US$41 mm. Additionally, one lifting in Gabon (~US$30 mm) was allocated to the Gabonese State as its share of profit oil, with no further allocations expected for the remainder of 2025. • At the end of March, Vaalco reporte...

 PRESS RELEASE

VAALCO Energy, Inc. Announces First Quarter 2025 Results

VAALCO Energy, Inc. Announces First Quarter 2025 Results HOUSTON, May 08, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) (“Vaalco” or the “Company”) today reported operational and financial results for the first quarter of 2025. First Quarter 2025 Highlights and Recent Key Items: Reported net income of $7.7 million ($0.07 per diluted share), Adjusted Net Income of $6.3 million ($0.06 per diluted share) and Adjusted EBITDAX(1) of $57.0 million; Produced 17,764 net revenue interest (“NRI”)(2) barrels of oil equivalent per day (“BOEPD”), above the high end of gu...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch