EGY - Mergers and acquisitions

HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") 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 ("km") to the west of Vaalco's CI-40 Block, where the Baobab and Kossipo oil fields are located, and 60 km west of ENI's recent Calao discovery. Block CI-705 covers approximately 2,300 km2 and is lightly explore

HOUSTON, May 12, 2021 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) today reported operational and financial results for the first quarter of 2021. Highlights and Recent Key Items: Reported strong Q1 2021 net income of $9.9 million ($0.17 per diluted share) and Adjusted Net Income(1) of $8.7 million ($0.15 per diluted share);Generated Adjusted EBITDAX(1) of $18.0 million, more than five times compared to the fourth quarter of 2020;Sold 619,000 barrels of oil in Q1 2021, an increase of 113% over the fourth quarter of 2020; Produced 5,180 net revenue interest ("NRI")(2) barrels of crude oil per day ("BOPD"), or 5,954 working interest ("WI")(3) BOPD in Q1 2021, up 11% from