/C O R R E C T I O N -- VAALCO Energy, Inc./

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In the news release, VAALCO Energy Schedules Third Quarter 2009 Earnings Conference Call, issued 05-Nov-2009 by VAALCO Energy, Inc. over PR Newswire, we are advised by the company that the first paragraph, first sentence, should read "VAALCO Energy, Inc. (NYSE: EGY) today announced that it will hold a conference call to discuss its third quarter 2009 results on November 10, 2009 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time)." rather than "9:00 a.m. Central Time (10:00 p.m. Eastern Time)." as originally issued inadvertently. The complete, corrected release follows:

VAALCO Energy Schedules Third Quarter 2009 Earnings Conference Call

HOUSTON, Nov. 5 /PRNewswire-FirstCall/ -- VAALCO Energy, Inc. (NYSE: EGY) today announced that it will hold a conference call to discuss its third quarter 2009 results on November 10, 2009 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). Interested parties may participate by dialing 1 (800) 230-1085. International parties may dial 1 (612) 288-0340. The confirmation code is 121901. This call will also be webcast on VAALCO's web site at www.vaalco.com.

An audio replay will be available beginning approximately one hour after the end of the conference call through December 10, 2009 on the Company's website and by dialing 1 (800) 475-6701. International parties may dial 1 (320) 365-3844. The confirmation code is 121901.

About VAALCO

VAALCO Energy, Inc. is a Houston, Texas 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 and Angola, West Africa.

    Investor Contact             Media Contact
    Greg Hullinger               Barrett Golden / Tim Lynch
    Chief Financial Officer      Joele Frank, Wilkinson Brimmer Katcher
    713-623-0801                 212-355-4449

SOURCE VAALCO Energy, Inc.

Released November 5, 2009