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Investegate |Vaalco Energy Inc Announcements | Vaalco Energy Inc: Q4 and Full Year Results and Reserves Update

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;
·
Produced 4,662 net revenue interest ( NRI )
(1) barrels of crude oil per day ( BOPD ), or 5,359 working interest ( WI )
(2) BOPD in Q4 2020;
·
Reported net loss of $3.6 million ($0.06 per diluted share), Adjusted Net Loss ....

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VAALCO Energy, Inc. Announces Fourth Quarter and Full Year 2020 Results and Reserves Update

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. ....

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Australian shale gathers steam

Australian shale gathers steam
pemedianetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pemedianetwork.com Daily Mail and Mail on Sunday newspapers.

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PetroTal ups reserves estimates for Bretana field in Peru | 24 February 2021

24 February 2021 | 08:54am
StockMarketWire.com - Oil company PetroTal upgraded the reserves estimate for its key Bretana oil field in Peru.
Proven, or 1P, reserves had risen 4% to 22.3 million barrels, according to a year-end reserve evaluation by Netherland, Sewell & Associates.
Proven and probable, or 2P, reserves had risen 7% to 51.0 million barrels and proven, probable and possible, or 3P, reserves had risen 25% to 106.1 million barrels.
The asset s net present value was calculated at $317 million for 1P reserves and $830 million for 2P reserves.
At 8:54am: [LON:PTAL] share price was 0p at 8.5p
Story provided by StockMarketWire.com
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. ....

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