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

Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

Segment Information (Tables)

3 Months Ended

Mar. 31, 2017

Segment activity of continuing operations for the three months ended March 31, 2017 and 2016 and segment assets at March 31, 2017 and December 31, 2016 are as follows:



	Three Months Ended March 31, 2017
			Equatorial				Corporate
(in thousands)	Gabon		Guinea		U.S.		and Other		Total
Revenues-oil and natural gas sales	$	21,246	$	-	$	20	$	-	$	21,266
Depreciation, depletion and amortization		1,809		-		1		59		1,869
Bad debt expense and other		98		-		-		-		98
Operating income (loss)		10,960		(38)		7		(2,781)		8,148
Interest income (expense), net		(403)		-		-		-		(403)
Income tax expense		3,194		-		-		-		3,194
Additions to property and equipment		262		-		-		-		262

	Three Months Ended March 31, 2016
			Equatorial				Corporate
(in thousands)	Gabon		Guinea		U.S.		and Other		Total
Revenues-oil and natural gas sales	$	10,908	$	-	$	68	$	-	$	10,976
Depreciation, depletion and amortization		2,143		-		21		74		2,238
Bad debt expense and other		343		-		-		-		343
Operating loss		(11,956)		(48)		(3)		(1,508)		(13,515)
Interest income (expense), net		(488)		-		-		-		(488)
Income tax expense		1,685		-		-		-		1,685
Additions to property and equipment		-		-		-		-		-

Segment Long-lived Assets And Total Assets



			Equatorial				Corporate
(in thousands)	Gabon		Guinea		U.S.		and Other		Total
Total assets from continuing operations:
As of March 31, 2017	$	64,108	$	10,119	$	173	$	3,182	$	77,582
As of December 31, 2016		64,478		10,122		382		3,911		78,893