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Vaalco Energy ( (EGY) ) has issued an update.
Vaalco Energy, Inc. has commenced its Phase Three Drilling Program offshore Gabon by spudding the ET-15 infill well on the Etame platform. This initiative is part of a broader strategy to enhance production, reduce costs, and potentially increase reserves, with plans to extend drilling operations to the SEENT and Ebouri platforms. The company’s efforts in Gabon and Côte d’Ivoire are aimed at driving significant growth and delivering value to shareholders, positioning Vaalco for a strong future in the energy sector.
More about Vaalco Energy
Vaalco Energy, Inc., founded in 1985 and based in Houston, Texas, is an independent energy company with a diverse portfolio of production, development, and exploration assets across Gabon, Egypt, Côte d’Ivoire, Equatorial Guinea, Nigeria, and Canada.
Learn more about EGY stock on TipRanks’ Stock Analysis page.