Tue, 06 Oct 2015 21:14:12 GMT
[at noodls] - HOUSTON, Oct. 6, 2015/PRNewswire / -- VAALCO Energy, Inc. (the 'Company' or 'VAALCO') (NYSE: EGY) issued the following statement regarding the letter sent today to its Board of Directors from Bradley L. ...
Tue, 06 Oct 2015 20:48:00 GMT
[PR Newswire] - As a matter of course, we maintain an open dialogue with current and prospective investors. Although we received no response to our most recent invitation to meet with Bradley L. Radoff and Group 42 to better understand their views, we have had several previous conversations with Bradley L. Radoff and Group 42. VAALCO Energy, Inc. is a Houston based independent energy company principally engaged in the acquisition, exploration, development and production of crude oil. VAALCO's strategy is to increase reserves and production through the exploration and exploitation of oil and natural gas properties with high emphasis on international opportunities. The company's properties and exploration acreage are located primarily in Gabon, Angola and Equatorial Guinea in West Africa.
Tue, 06 Oct 2015 18:58:28 GMT
[Marketwired] - Group 42, Inc. filed an amended Schedule 13D disclosing the delivery of a letter to VAALCO Energy, Inc.'s Board of Directors. Previously, Group 42 formed a group with Bradley Radoff and related entities ...
Tue, 06 Oct 2015 16:29:00 GMT
[PR Newswire] - NEW YORK, Oct. 6, 2015 /PRNewswire/ - Bradley Radoff (and related entities) and Group 42, Inc., who together are the beneficial owners of approximately 11.1% of the outstanding shares of Common Stock of VAALCO Energy, Inc. ("VAALCO" or the "Company") (EGY), today delivered a letter to the Board of Directors of VAALCO setting forth their concerns regarding, among other things, the Company's corporate governance, particularly the Board's recent adoption of a poison pill, bloated G&A expenses, poor capital allocation, poor decision making with respect to capital expenditures and the renewal of the CEO's employment contract.
Fri, 02 Oct 2015 21:27:16 GMT
Wed, 30 Sep 2015 14:27:17 GMT
Mon, 28 Sep 2015 13:09:20 GMT
Mon, 28 Sep 2015 11:07:13 GMT
[at noodls] - HOUSTON, Sept. 28, 2015/PRNewswire / -- VAALCO Energy, Inc. (the 'Company' and 'VAALCO') (NYSE: EGY) today announced that its Board of Directors has authorized the adoption of a stockholder rights plan ...
Mon, 28 Sep 2015 10:45:00 GMT
[PR Newswire] - HOUSTON, Sept. 28, 2015 /PRNewswire/ -- VAALCO Energy, Inc. (the "Company" and "VAALCO") (EGY) today announced that its Board of Directors has authorized the adoption of a stockholder rights plan (the "Rights Plan"). The Rights Plan is designed to proactively assure that all of the Company's stockholders receive fair and equal treatment in the event of a proposed acquisition of the Company, to guard against tactics to gain control of the Company without paying all stockholders a premium for that control, and to enable all of the Company's stockholders to realize the value of their investment in the Company. The Rights Plan is not intended to interfere with any takeover, merger or other business combination approved by the Board of Directors.
Wed, 16 Sep 2015 20:49:06 GMT
[at noodls] - VAALCO Energy Announces Industry-First Offshore Gabon Production From The Dentale Formation
Wed, 16 Sep 2015 20:30:00 GMT
[PR Newswire] - HOUSTON, Sept. 16, 2015 /PRNewswire/ -- VAALCO Energy, Inc. (EGY) today announced that the North Tchibala 1-H well, the first development well drilled by VAALCO in the North Tchibala field, was brought online at a rate slightly in excess of 3,000 gross barrels of oil per day (approximately 750 barrels per day net revenue interest to VAALCO). The Dentale formation is productive in fields onshore Gabon, but this well represents the first Dentale production for the industry from that horizon in the offshore waters of Gabon. The North Tchibala 1-H well was initially brought on production utilizing an electrical submersible pump (ESP), but was subsequently allowed to produce naturally. The well is not producing any formation water or hydrogen sulfide (H2S) and has a strong flowing tubing pressure in excess of 1,000 PSI. VAALCO plans to continue to produce the well without artificial lift while monitoring surface and downhole pressures.
Tue, 18 Aug 2015 17:04:08 GMT
Tue, 18 Aug 2015 14:02:09 GMT
Wed, 12 Aug 2015 21:03:00 GMT
[PR Newswire] - HOUSTON, Aug. 12, 2015 /PRNewswire/ -- VAALCO Energy, Inc. (NYSE: EGY) today announced that Steve Guidry, VAALCO's Chairman and Chief Executive Officer will present at EnerCom's The Oil and Gas Conference ...
Sun, 09 Aug 2015 00:10:18 GMT
Thu, 06 Aug 2015 23:16:15 GMT
[at noodls] - /C O R R E C T I O N -- VAALCO Energy, Inc./
Thu, 06 Aug 2015 22:49:00 GMT
[PR Newswire] - In the news release, VAALCO Energy Announces Second Quarter 2015 Results, issued 06-Aug-2015 by VAALCO Energy, Inc. over PR Newswire, we are advised by the company that the Condensed Consolidated Statements ...
Thu, 06 Aug 2015 21:28:41 GMT
Thu, 06 Aug 2015 21:06:04 GMT
[at noodls] - VAALCO Energy Announces Second Quarter 2015 Results
Thu, 06 Aug 2015 11:07:05 GMT