VAALCO Energy, Inc. Announces Intention to List on the Main Market of the London Stock Exchange
VAALCO Energy, Inc. (EGY)
US:NYSE Investor Relations:
vaalco.com/about-us/governance
Company Research
Source: GlobeNewswire
HOUSTON, Sept. 16, 2019 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY) (“VAALCO” or the “Company”), an independent energy company focused on development and production assets in West Africa, today announces its formal intention to seek a Standard Listing on the Main Market of London Stock Exchange (”LSE”), to complement its existing Listing on the New York Stock Exchange. Highlights: VAALCO is an established operator with a proven track record in West AfricaOperator of the Etame Marin Block located offshore Gabon (31.1% working interest), that has produced circa 110 million gross barrels since first sale of oil in November 2002Net production (after royalty deduction) of 3,664 barrels of oil per day (“BOPD”) as at Q2 2019 Strategic focus on generating free cash flow from a low risk reserve baseActive work programme at Etame in 2019/20 recently underway to grow production and reserves, with up to three development wells and two appraisal wellbores to be drilled within the next
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