Search results for: Vaalco

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A list of search results

  • 3 August 2016

    Vaalco Energy has informed that Steve Guidry, the company’s Chief Executive Officer (CEO), will retire from the company and Board of Directors effective September 1, 2016.  According to Vaalco’s statement on Wednesday, Guidry joined Vaalco as CEO in October 2013 after having worked for 33 years at Marathon Oil Corporation in a number of senior […]

  • 9 June 2014
    Business & Finance

    VAALCO Energy, Inc. today announced that the Board of Directors has appointed Steven P. Guidry, VAALCO’s Chief Executive Officer, to the additional role of Chairman of the Board.  VAALCO also announced that the Board has determined that James B. Jennings will continue in his current role as Lead Director. In addition, the Board and management […]

  • 5 June 2018
    Business & Finance

    Vaalco Energy has received notification from the New York Stock Exchange (NYSE) that it has regained full compliance with all of the NYSE’s continued listing standards. 

  • 25 January 2018
    Business & Finance

    Vaalco Energy has informed that its 2017 year-end proved oil reserves increased by 15 percent compared to the prior-year.

  • 30 June 2015
    Business & Finance

    VAALCO Energy, Inc. today announced that Cary Bounds will join VAALCO as Chief Operating Officer effective July 6, 2015. VAALCO’s previous COO, Russell Scheirman, retired in April 2015. According to VAALCO’s press release, Bounds is a petroleum engineer and has almost 25 years of domestic and international asset management, business development, planning and technical engineering experience. […]

  • 27 January 2020
    Business & Finance

    Houston-based oil and gas company Vaalco Energy has named a new president of the company, effective February 1, 2020.

  • 4 January 2017
    Business & Finance

    Houston-based Vaalco Energy has appointed a new Chief Executive Officer and board member, effective December 29, 2016. Vaalco said on Tuesday that Cary Bounds was named as the company’s new CEO. Bounds served as the Chief Operating Officer of Vaalco for the past 18 months and as the interim CEO for the past five months. To […]

  • 4 August 2010

    VAALCO Energy, Inc.  today provided a further update on the Southeast Etame No. 1 (“ETSEM-1”) exploration well which, as previously announced, was drilled to a total depth of 2,757 meters (9,045 feet) offshore Gabon encountering approximately five meters (sixteen feet) of Gamba sandstone section which logged oil full to base. VAALCO has completed a second […]

  • 18 April 2017
    Business & Finance

    Houston-based oil and gas company Vaalco Energy has appointed a new chief financial officer (CFO) effective April 17, 2017. Vaalco said on Monday that Philip Patman Jr. had joined the company as the new CFO. He comes in with over 20 years of experience in the oil, gas, and other areas of the energy industry […]

  • 10 August 2011
    Business & Finance, Operations & Maintenance

    VAALCO Energy, Inc. today reported net income attributable to VAALCO of $11.8 million, or $0.20 per diluted share, for the second quarter of 2011 compared to a net income attributable to VAALCO of $10 million, or $0.18 per diluted share, for the comparable period in 2010. Second quarter 2011 revenues were $58.5 million compared to […]

  • 9 August 2011
    Business & Finance

    VAALCO Energy, Inc. today reported net income attributable to VAALCO of $11.8 million, or $0.20 per diluted share, for the second quarter of 2011 compared to a net income attributable to VAALCO of $10 million, or $0.18 per diluted share, for the comparable period in 2010. Second quarter 2011 revenues were $58.5 million compared to […]

  • 5 November 2014
    Project & Tenders

    VAALCO Energy, Inc. has announced that Well 2-H in the Ebouri field, offshore Gabon, has been temporarily shut-in to determine the cause of pressure communication between the tubing and casing annuli. At the time of shut-in, Well 2-H was producing approximately 2,500 gross barrels of oil per day, 700 net to VAALCO. The well was initially shut-in […]

  • 15 March 2011
    Business & Finance, Operations & Maintenance

      VAALCO Energy, Inc. reported results for the fourth quarter and full-year of 2010. For the 2010 fourth quarter, VAALCO reported net income attributable to VAALCO of $8.9 million, or $0.15 per diluted share, compared to net income attributable to VAALCO of $2.2 million, or $0.04 per diluted share, for the comparable period in 2009. […]

  • 2 August 2016
    Business & Finance

    Vaalco Energy has signed a purchase and sale agreement to acquire an additional 3.23% participating interest in the Etame Marin Permit, located offshore Gabon. The company bought the interest from Sojitz Etame Limited, which represents the full interest owned by Sojitz in the concession. The transaction has an effective date of August 1, 2016. Vaalco […]

  • 11 April 2017
    Business & Finance

    Houston-based oil and gas company Vaalco Energy has once again received a notification from the New York Stock Exchange (NYSE) that the price of the company’s common stock has fallen below the NYSE’s continued listing standard. This is not the first time Vaalco received such a notification. Last time the NYSE sent such a notification […]

  • 29 November 2016

    Houston-based oil and gas company Vaalco Energy is hoping to restart production at the Avouma platform at the Etame Marin Permit, offshore Gabon, by the end of the year following a shutdown caused by issues with an electrical submersible pump.  Earlier this year, Vaalco experienced issues at its Avouma platform well due to a recurring problem with an electrical submersible […]

  • 22 January 2020
    Exploration & Production

    Houston-based Vaalco Energy has restored production at two Etame wells, located offshore Gabon, following workover operations.

  • 22 March 2019
    Business & Finance

    Chief financial officer (CFO) of Houston-based oil company Vaalco Energy has decided to resign from the company.

  • 26 March 2020
    Business developments & projects, Exploration & Production, Infrastructure, Project & Tenders

    Vaalco has completed its 2019/2020 drilling campaign in the Etame Marin permit offshore Gabon, which included three development wells and two appraisal wells that confirmed additional resources.

  • 6 July 2016
    Business & Finance

    Vaalco Energy, Inc. has executed an agreement with Transocean regarding the remaining contract term for the Constellation II jack-up rig used at Vaalco’s recent drilling program offshore Gabon. To remind, in January 2016, Vaalco said it had no plans to drill any more wells during the year on its Etame Marin block offshore Gabon. Consequently, the driller and the oil […]

  • 18 July 2019

    Oil and as firm Vaalco Energy has paid a $4.5 million settlement fee to Angola National Agency of Petroleum, Gas, and Biofuels (ANPG), for offshore block termination.

  • 16 October 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Ezra’s Subsea Services division, EMAS AMC, has completed a US$120 million project for VAALCO Gabon (Etame) offshore Gabon in West Africa using the new build Lewek Constellation on her inaugural installation project. The work scope included the transportation and installation of two jackets, topsides, flare booms and living quarters for the Etame and Southeast Etame […]