VAALCO Energy, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Accounting Policies (Policies)
Notes Tables
Notes Details

Debt (Detail)

v3.4.0.3

Debt (Detail) - USD ($) $ in Thousands	3 Months Ended
Debt (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Line Of Credit Facility [Line Items]
Credit facility borrowing base	$ 20,100
Long term debt	$ 15,000		$ 15,000
Average interest rate on bank debt	4.36%	4.32%
Incurred interest expense	$ 500	$ 500
Capitalized interest expense		$ 200
Maximum [Member]
Line Of Credit Facility [Line Items]
Ratio of net debt to EBITDAX	3.0
Revolving Credit Facility [Member] \| IFC Credit Facility [Member]
Line Of Credit Facility [Line Items]
Maximum borrowing capacity under loan agreement	$ 65,000
Senior Tranche [Member]
Line Of Credit Facility [Line Items]
Maximum borrowing capacity under loan agreement	50,000
Decrease in debt instrument	$ 6,250
Debt instrument interest rate spread	3.75%
Debt instrument, commitment fee	1.50%
Subordinated Tranche [Member]
Line Of Credit Facility [Line Items]
Maximum borrowing capacity under loan agreement	$ 15,000
Decrease in debt instrument	$ 1,880
Debt instrument interest rate spread	5.75%
Debt instrument, commitment fee	2.30%

- Definition

Debt instrument commitment fee.

+ References

No definition available.

+ Details

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- Definition

Ratio Of Net Debt To EBITDAX

+ References

No definition available.

+ Details

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- Definition

Percentage points added to the reference rate to compute the variable rate on the debt instrument.

+ References

No definition available.

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- Definition

Net increase or decrease in the carrying amount of the debt instrument for the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

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- Definition

Aggregate amount of interest paid or due on all long-term debt.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04.8)
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

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Balance Type:	debit
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- Definition

The amount of cash paid during the current period for interest that is capitalized.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 13
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3213-108585

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- Definition

Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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Balance Type:	credit
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- Definition

The effective interest rate during the reporting period.

+ References

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

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- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

+ References

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- Definition

Carrying amount of long-term debt, net of unamortized discount or premium, excluding amounts to be repaid within one year or the normal operating cycle, if longer (current maturities). Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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