VAALCO Energy Inc. Stock Analysis EGY

VAALCO Energy, Inc. is an independent energy company, which engages in the acquisition, development, and production of crude oil. The company is headquartered in Houston, Texas and currently employs 281 full-time employees. The company is engaged in the acquisition, exploration, development and production of crude oil, natural gas and natural gas liquids. The company owns a working interest in, and is the operator of, the Etame PSC related to the Etame Marin block located offshore Gabon in West Africa. The Etame Marin block covers an area of about 46,200 gross acres. The firm owns an interest in an undeveloped block offshore Equatorial Guinea, West Africa. In Egypt, its interests are spread across two regions: the Eastern Desert and the Western Desert. In Harmattan, Canada, it owns production and working interests in Cardium light oil and Mannville liquids-rich gas assets. The company also owns a working interest in the Block CI-40 and CI-705 block offshore Cote d’Ivoire in West Africa.