22 Dec 2014production update▲ Good
Production resumed at the Ebouri field's Well 2-H after remedial wireline work, resolving the shut-in from earlier that month.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
10 Dec 2014drilling result▲ Good
VAALCO completed the Etame 8-H development well, the first drilled from its newly installed Etame platform offshore Gabon, and began drilling a second development well.
9 Dec 2014other● Neutral
The board adopted stock ownership/retention guidelines requiring named executives and non-employee directors to hold a minimum level of VAALCO stock.
10 Nov 2014quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported a quarterly net income of $3.1 million for the period ended 2014-09-30.
5 Nov 2014director interest notice● Neutral
Andrew Lawrence Fawthrop became a VAALCO ENERGY INC /DE/ director and company insider (initial ownership filing).
5 Nov 2014director interest notice● Neutral
VAALCO ENERGY INC /DE/ director Andrew Lawrence Fawthrop received 2,633 shares as part of the equity award.
4 Nov 2014production update▼ Bad
VAALCO temporarily shut in Well 2-H at its Ebouri field offshore Gabon to investigate pressure communication between the tubing and casing.
24 Oct 2014drilling progress report● Neutral
VAALCO and its partners entered the 'Subsequent Exploration Phase' on Angola's Block 5, committing to further exploration work under the block's production sharing contract.
23 Oct 2014director officer appointment● Neutral
VAALCO appointed Andrew L. Fawthrop, a 37-year Unocal/Chevron veteran and former Chairman of Chevron Nigeria, as an independent director.
19 Sept 2014director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Financial Officer Gregory R Hullinger exercised stock options for 27,200 shares and disposed of 54,400 shares.
27 Aug 2014director interest notice● Neutral
VAALCO ENERGY INC /DE/ Corporate Secretary Roland Sledge exercised stock options for 20,000 shares and disposed of 40,000 shares.
27 Aug 2014director interest notice● Neutral
VAALCO ENERGY INC /DE/ director John J Myers Jr. sold 10,000 shares at $9.25.
27 Aug 2014director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Financial Officer Gregory R Hullinger exercised stock options for 14,651 shares and disposed of 54,349 shares.
19 Aug 2014director interest notice● Neutral
VAALCO ENERGY INC /DE/ director John J Myers Jr. exercised stock options for 100,000 shares and disposed of 182,900 shares.
18 Aug 2014director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Financial Officer Gregory R Hullinger exercised stock options for 113,500 shares and disposed of 194,229 shares.
18 Aug 2014director interest notice● Neutral
VAALCO ENERGY INC /DE/ Executive Vice President Gayla M Cutrer exercised stock options for 87,225 shares and disposed of 174,450 shares.
14 Aug 2014director interest notice● Neutral
VAALCO ENERGY INC /DE/ President W Russell Scheirman II exercised stock options for 208,500 shares and disposed of 358,912 shares.
14 Aug 2014director interest notice● Neutral
VAALCO ENERGY INC /DE/ Executive Vice President Gayla M Cutrer exercised stock options for 26,275 shares and disposed of 52,550 shares.
6 Aug 2014quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported a quarterly net income of $24.7 million for the period ended 2014-06-30.
1 July 2014securities registry admin● Neutral
VAALCO registered shares with the SEC for issuance under its 2014 Long-Term Incentive Plan.
24 June 2014other● Neutral
VAALCO's Form S-3 shelf registration (File No. 333-195919) was declared effective, completing the review process.
20 June 2014securities registration● Neutral
VAALCO filed a further amendment to its shelf registration and requested SEC acceleration, which the registration statement received four days later.
20 June 2014other● Neutral
VAALCO asked the SEC to accelerate its Form S-3 shelf registration to become effective June 24, 2014.
6 June 2014securities registration● Neutral
VAALCO amended its $500 million shelf registration in response to SEC staff comments.
6 June 2014agm 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).
6 June 2014other● Neutral
VAALCO responded to SEC comments on its Form S-3 shelf registration (filed May 13, 2014) and filed an amendment addressing them the same day.
5 June 2014other● Neutral
SEC staff sent comments on VAALCO's May 2014 Form S-3 shelf registration, opening a routine review before the registration could go effective.
13 May 2014securities registration● Neutral
VAALCO filed a $500 million shelf registration statement, giving it standing SEC clearance to issue debt, common or preferred stock, or warrants over time as needed.
7 May 2014quarterly activities report▼ Bad
VAALCO ENERGY INC /DE/ reported a quarterly net loss of $7.0 million for the period ended 2014-03-31.
6 May 2014director officer appointment● NeutralMajor
Founder Robert L. Gerry III agreed to fully step back from VAALCO after the 2014 annual meeting, moving into a paid consulting role through the end of 2015 rather than continuing as Executive Chairman.