Global InformationVaalco Energy information
 | |
| Company type | Public company |
|---|---|
Traded as | NYSE: EGY Russell Microcap Index component |
| Industry | Petroleum industry |
| Founded | 1985 |
| Headquarters | Houston, Texas, United States |
Key people | George W.M. Maxwell, CEO Andrew L. Fawthrop, Chairman Ron Bain, CFO |
| Products | Petroleum |
Production output | 2.6 thousand barrels of oil equivalent (16,000 GJ) per day (2021) |
| Revenue |  $199 million (2021) |
Net income | $81 million (2021) |
| Total assets | $263 million (2021) |
| Total equity | $144 million (2021) |
Number of employees | 117, including 80 in Gabon (2021) |
| Website | www |
| Footnotes / references [1] | |
VAALCO Energy is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston, Texas with operations primarily in the Etame Marin block offshore Gabon.
As of December 31, 2021, the company had 11.218 million barrels of oil equivalent (68,630,000 GJ) of proved reserves, all of which was petroleum.[1]
The company’s primary source of revenue is from its 58.8% interest, via a production sharing contract, in operations in the 750,000 acre (3,000 km2) Etame Marin block, offshore Gabon. The company also owns a 45.9% working interest in an undeveloped portion of a block offshore Equatorial Guinea.[1]
- ^ a b c "VAALCO Energy, Inc. 2021 Form 10-K Annual Report". U.S. Securities and Exchange Commission.