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BOPD in Q1 2021, up 11% from the fourth quarter of 2020; Closed the transformational acquisition of Sasol’s working interest in the Etame field offshore Gabon (the “Sasol Acquisition”) on February 25, 2021; Announced the signing of a non-binding Letter of Intent (“LOI”) for a new Floating Storage and Offloading unit (“FSO”) with Omni Offshore Terminals Pte Ltd (“Omni”) at the Etame field; Proposal could reduce VAALCO’s operating costs by 15% to 25% when compared to the current FPSO contract during the term of the proposed agreement; Entered into crude oil commodity swa...

AND FULL YEAR 2020 RESULTS AND RESERVES UPDATE   HOUSTON - March 10, 2021 - VAALCO Energy, Inc. (NYSE/LSE: EGY) ("VAALCO or the "Company") today reported operational and financial results for the fourth quarter and full year of 2020.   · Closed the transformational acquisition of Sasol's working interest in the Etame field; o Nearly doubles VAALCO's total net production and reserves; o Estimated acquisition cost per NRI barrel (6) of $14.41 for SEC proved reserves and $4.91 for 2P CPR reserves; · Produc...

VAALCO Energy, Inc. (NYSE/LSE: EGY) (“VAALCO” or the “Company”) today reported operational and financial results for the fourth quarter and full year of 2020.