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Vaalco Energy ( (EGY) ) just unveiled an announcement.
Vaalco Energy reported a strong operational and financial performance for 2025, with sales volumes of about 22,100 barrels of oil equivalent per day at the top of guidance and production of roughly 21,150 BOEPD, while increasing cash at bank to $58.8 million and keeping reserve-based debt undrawn in the fourth quarter. The company highlighted substantial improvement in Egyptian receivables, collecting over $210 million during the year and reducing outstanding balances to $31 million, alongside successful drilling results in Gabon and Egypt and progress on its Baobab field FPSO project in Côte d’Ivoire, positioning Vaalco for continued production growth and strengthened balance sheet metrics going into 2026.
More about Vaalco Energy
Vaalco Energy, founded in 1985 and incorporated in Delaware, is a Houston-based independent energy company focused on the exploration, development and production of oil and gas. It operates a diversified portfolio of production, development and exploration assets across Gabon, Egypt, Côte d’Ivoire, Equatorial Guinea, Nigeria and Canada, targeting offshore and onshore opportunities in key African and North American markets.
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