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Vaalco Energy ( (EGY) ) has provided an update.
Vaalco Energy reported a strong operational update from its West African portfolio, highlighting successful drilling results in Gabon and progress toward restarting production in Côte d’Ivoire. The announcement signals potential near-term production growth that could enhance cash flow and reinforce the company’s position as a key offshore producer in the region.
In Gabon, Vaalco has drilled, completed and brought onstream the Etame 14H development well, which delivered an initial gross production rate of about 4,850 barrels of oil per day from high-quality Gamba reservoir sands. The drilling rig has now moved to the Ebouri platform, where the company has begun drilling the EEBOM-5H development well and plans additional workovers to further increase output and reserves.
In Côte d’Ivoire, the refurbished Baobab Ivorien FPSO has returned from dry dock in Dubai, been fully moored at its original location and entered the reconnection phase for risers and umbilicals. With production restart from the Baobab field still targeted for the second quarter of 2026, Vaalco expects the combined impact of higher Gabon volumes and the Baobab restart to support a more profitable 2026 and deliver value to shareholders through organic growth.
More about Vaalco Energy
Vaalco Energy, Inc. is a Houston-based independent energy company founded in 1985 that focuses on the exploration, development and production of oil and gas. The company holds a diverse portfolio of producing and development assets across West Africa, including Gabon, Egypt, Côte d’Ivoire, Equatorial Guinea and Nigeria, positioning it as a regional offshore operator.
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