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VAALCO Energy Inc EGY

VAALCO Energy, Inc. is an independent energy company with a diverse portfolio of production, development and exploration assets across Gabon, Egypt, Cote d’Ivoire, Equatorial Guinea, and Canada. It is engaged in the acquisition, exploration, development and production of crude oil, natural gas and natural gas liquids. It owns a working interest in, and is the operator of, the Etame PSC related to the Etame Marin block located offshore Gabon in West Africa. The Etame Marin block covers an area of about 46,200 gross acres located 20 miles offshore in water depths of about 250 feet. It owns an interest in an undeveloped block offshore Equatorial Guinea, West Africa. In Egypt, its interests are spread across two regions: the Eastern Desert and the Western Desert. In Harmattan, Canada, it owns production and working interests in Cardium light oil and Mannville liquids-rich gas assets. It also owns a working interest in the Baobab field in Block CI-40, offshore Cote d’Ivoire in West Africa.


NYSE:EGY - Post by User

Post by farml1234on Aug 08, 2022 8:25am
145 Views
Post# 34878146

from today PR

from today PRRe::::There is significant inherent value within the Combined Company’s portfolio, with a large reserve base, substantial upside potential across the enlarged resource base, and strong production, with mid-point guidance of 18.4 thousand barrels of oil equivalent per day (“mboe/d”) for 2022 and preliminary outlook of 19.5 mboe/d in 2023

People this is way under what the two companies are producing a few week ago  per reports 
Hey EGY take this deal and stick it where the sun does not shine 

jmho
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