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VAALCO Snapshot
VAALCO Energy has boldly gone where bigger players are sure to follow. The small independent is engaged in the acquisition, exploration, development, and production of oil and gas. VAALCO Energy holds exploration assets in Angola and Gabon, and has interests in the Texas Gulf Coast and offshore Louisiana. The company has proved reserves of 7.4 million barrels of oil and 30 million cu. ft. of gas. VAALCO Energy's near-term production strategy is to focus on developing its reserves in Gabon through the exploitation of the Etame Marin block (the Etame, Avouma, South Tchibala, and Ebouri fields).
