Form: S-8

Initial registration statement for securities to be offered to employees pursuant to employee benefit plans

August 17, 2001

CONSENT OF NETHERLAND SEWELL & ASSOC., INC.

Published on August 17, 2001


Exhibit 23.3


[NETHERLAND, SEWELL & ASSOCIATES, INC. LETTERHEAD]

CONSENT OF NETHERLAND, SEWELL & ASSOCIATES, INC.

We hereby consent to the incorporation by reference in this Registration
Statement on Form S-8 and related prospectus of our report dated December 31,
2000, that was utilized as a basis for VAALCO Energy, Inc.'s Form 10-KSB for the
year ended December 31, 2000, and to all references to our Firm included in the
prospectus related to this Registration Statement.

NETHERLAND, SEWELL & ASSOCIATES,
INC.


By: /s/ D. Bruce Cox
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Name: D. Bruce Cox
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Title: Vice President
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Houston, Texas
August 16, 2001