2 Jan 2019director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Executive Officer & COO Cary M Bounds had 15,031 shares withheld for taxes on vesting stock.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 Nov 2018quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported quarterly revenue of $25.3 million and net income of $78.6 million for the period ended 2018-09-30.
7 Nov 2018quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported quarterly revenue of $25.3 million and net income of $78.6 million for the period ended 2018-09-30.
25 Sept 2018material agreement▲ GoodMajor
VAALCO extended its exploitation rights for the Etame Marin, Ebouri, and Avouma fields and announced plans to drill two development and two appraisal wells in 2019.
7 Aug 2018quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported quarterly revenue of $24.4 million and net income of $544 thousand for the period ended 2018-06-30.
6 Aug 2018quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported quarterly revenue of $24.4 million and net income of $544 thousand for the period ended 2018-06-30.
10 July 2018director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Executive Officer & COO Cary M Bounds had 8,117 shares withheld for taxes on vesting stock.
19 June 2018material agreement● Neutral
VAALCO entered Brent crude oil swap contracts hedging about 400,000 barrels at a weighted-average price of $74.00/bbl for a 13-month period (June 2018-June 2019), alongside completing the Avouma 2-H well's pump replacement.
6 June 2018listing compliance notice▲ Good
VAALCO regained compliance with NYSE continued listing standards and gave an operational update.
22 May 2018material agreement termination▲ Good
VAALCO paid off and terminated its $7.0 million term loan with the International Finance Corporation using cash on hand, saving over $0.3 million in annual interest, while starting workover operations to restore two shut-in Avouma platform wells.
14 May 2018director interest notice● Neutral
VAALCO ENERGY INC /DE/ director Steven J Pully received 25,000 shares and a 58,548-share option grant as part of the equity award.
14 May 2018director interest notice● Neutral
VAALCO ENERGY INC /DE/ director Andrew Lawrence Fawthrop received 25,000 shares and a 58,548-share option grant as part of the equity award.
14 May 2018agm notice● Neutral
VAALCO ENERGY INC /DE/ shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
14 May 2018director interest notice● Neutral
VAALCO ENERGY INC /DE/ director Alfred John Knapp Jr. received 25,000 shares and a 58,548-share option grant as part of the equity award.
8 May 2018quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported quarterly revenue of $27.6 million and net income of $8.7 million for the period ended 2018-03-31.
7 May 2018quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported quarterly revenue of $27.6 million and net income of $8.7 million for the period ended 2018-03-31.
26 Mar 2018director officer appointment● Neutral
Director Michael Keane said he would not stand for re-election at the 2018 annual meeting.
9 Mar 2018director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Financial Officer Philip F Patman Jr. received a stock option grant for 455,374 shares.
9 Mar 2018director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Executive Officer & COO Cary M Bounds received a stock option grant for 891,334 shares.
9 Mar 2018director interest notice● Neutral
VAALCO ENERGY INC /DE/ Controller and Chief Acct Off Elizabeth D Prochnow received a stock option grant for 90,034 shares.
7 Mar 2018annual report▲ Good
VAALCO's annual report for fiscal 2017, returning to profitability with net income of about $9.7 million on revenue of $77.0 million, alongside a 127% reserve replacement rate for the year.
6 Mar 2018director officer appointment● Neutral
Director John J. Myers, Jr. said he would not stand for re-election at the 2018 annual meeting.
1 Mar 2018director interest notice● Neutral
VAALCO ENERGY INC /DE/ Controller and Chief Acct Off Elizabeth D Prochnow received a stock option grant for 90,034 shares.
1 Mar 2018director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Executive Officer & COO Cary M Bounds received 153,488 shares as part of the equity award.
1 Mar 2018director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Financial Officer Philip F Patman Jr. received 78,416 shares as part of the equity award.
1 Feb 2018production update● Neutral
VAALCO reported fourth-quarter and full-year 2017 production results and gave preliminary 2018 production guidance, noting it had no oil-price hedges in place for 2018.
25 Jan 2018resource reserve update▲ Good
VAALCO reported year-end 2017 proved reserves up 15% with 127% reserve replacement, and said the SEC-standard value of those reserves (PV-10) more than doubled to $22.5 million.
22 Jan 2018substantial holder notice● Neutral
BLR Partners LP, BLRPart, LP, BLRGP Inc, Fondren Management, LP, FMLP Inc, The Radoff Family Foundation, Bradley L. Radoff reported a VAALCO shareholding of 4,494,905 shares (7.60% of votes) in a periodic institutional filing.
3 Jan 2018director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Executive Officer & COO Cary M Bounds had 16,883 shares withheld for taxes on vesting stock.
30 Nov 2017drilling progress report● Neutral
VAALCO completed workovers restoring two Gabon wells (South Tchibala 1-HB and 2-H) after pump failures, but a third well on the same platform (Avouma 2-H) had its own pump fail and was shut in, leaving net company production around 3,950 barrels a day.