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An update from Vaalco Energy ( (EGY) ) is now available.
Vaalco Energy, Inc. has announced a contract with Borr Jack-Up XIV Inc. for its 2025/2026 drilling campaign in Gabon, which will include multiple development and appraisal wells, as well as workovers, with potential for additional wells. This initiative is part of Vaalco’s strategy to boost organic growth and enhance production, particularly in the Etame, SEENT, and Ebouri fields. The company aims to capitalize on these efforts to improve its market position and deliver a significant step-change in its growth trajectory.
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 located across Gabon, Egypt, Cote d’Ivoire, Equatorial Guinea, Nigeria, and Canada.
YTD Price Performance: 12.59%
Average Trading Volume: 900,265
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $501.1M
See more insights into EGY stock on TipRanks’ Stock Analysis page.
