Roth Capital downgraded VAALCO Energy from Buy to Neutral and set a new price target of $4.00
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HOUSTON, March 05, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") announced that it has entered into a new revolving credit facility ("the new 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 revolving credit facility that was provided by Glencore Energy UK Ltd. The Company arranged the new facility primarily to provide short-term funding that may be
HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") 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 (11:00 a.m. Eastern Time and 4:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the Uni
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
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Stifel initiated coverage of Vaalco Energy with a rating of Buy
ROTH Capital upgraded Vaalco Energy from Neutral to Buy
Roth Capital downgraded VAALCO Energy from Buy to Neutral and set a new price target of $4.00
4 - VAALCO ENERGY INC /DE/ (0000894627) (Issuer)
4 - VAALCO ENERGY INC /DE/ (0000894627) (Issuer)
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HOUSTON, March 05, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") announced that it has entered into a new revolving credit facility ("the new 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 revolving credit facility that was provided by Glencore Energy UK Ltd. The Company arranged the new facility primarily to provide short-term funding that may be
HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") 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 (11:00 a.m. Eastern Time and 4:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the Uni
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
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HOUSTON, April 29, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Group") today announced that it has issued its 2023 Sustainability Report, which is now available on VAALCO's web site, www.vaalco.com, within the Sustainability section. The report covers VAALCO's environmental, social and governance ("ESG") initiatives and related key performance indicators for the financial year 2023. During 2023, the business greatly enhanced its leadership team, appointing new Group-level heads of function to centralize accountability and to set global standards, processes and plans for the business that align with industry best practices. Furthermore, the appoint
CALGARY, Alberta, Nov. 01, 2023 (GLOBE NEWSWIRE) -- STEP Energy Services Ltd. ("STEP") is pleased to announce the appointment of Mr. Edward LaFehr as an independent director of STEP's board of directors, effective November 1, 2023. Mr. LaFehr has 40 years of experience in the energy industry managing large and complex onshore and offshore E&P assets. He currently serves as a director of Vaalco Energy, Inc. (NYSE:EGY), a position he has held since Vaalco's combination with TransGlobe Energy in October 2022; Mr. LaFehr was appointed to TransGlobe Energy's board in March 2019. Mr. LaFehr previously served as the president and chief executive officer of Baytex Energy Corporation for six years.
HOUSTON, June 09, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today announced that it has issued its 2021 Environmental, Social and Governance ("ESG") report, which is now available on VAALCO's web site, www.vaalco.com, under the "Sustainability" tab. The report covers VAALCO's ESG initiatives and related key performance indicators for the three-year period 2019 through 2021. In the preparation of the qualitative and quantitative information and data, the Company continued to consult the Sustainability Accounting Standards Board's ("SASB") Oil and Gas Exploration and Production Sustainability Accounting Standard, and this year took a mor