EX-99.1
Published on April 17, 2013
Exhibit 99.1
VAALCO ANNOUNCES RETIREMENT OF ROBERT H. ALLEN
FROM BOARD OF DIRECTORS
HOUSTON, TEXAS April 17, 2013 VAALCO Energy, Inc. (NYSE: EGY) today announced that Robert H. Allen, 85, will retire from the Board of Directors of VAALCO after the Companys 2013 Annual Meeting of Stockholders on June 5, 2013. Mr. Allen has served as a Director for VAALCO since 2003 and will not seek re-election.
We are very grateful for Bobs contributions to VAALCOs Board, and wish him the best of luck in his future pursuits, said Robert Gerry, Chairman and CEO. During Bobs tenure, we have built out our infrastructure offshore Gabon and diversified VAALCOs portfolio of assets. Bobs leadership and experience has been a great resource for VAALCO and we thank him for his valuable service.
About VAALCO
VAALCO Energy, Inc. is a Houston based independent energy company principally engaged in the acquisition, exploration, development and production of crude oil. VAALCOs 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 companys properties and exploration acreage are located primarily in Gabon, Angola and Equatorial Guinea in West Africa.
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