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, 2018

Segment Information [Abstract]

Segment Activity


		Three Months Ended March 31, 2018
(in thousands)		Gabon			Equatorial Guinea			Corporate and Other			Total
Revenues-oil and natural gas sales		$	27,643		$	—		$	2		$	27,645
Depreciation, depletion and amortization			1,059			—			65			1,124
Bad debt recovery and other			(56)			—			—			(56)
Operating income (loss)			15,697			(30)			(2,629)			13,038
Other, net			69			3			(3)			69
Interest expense, net			354			—			—			354
Income tax expense			4,042			—			—			4,042
Additions to property and equipment - accrual			428			—			(1)			427


		Three Months Ended March 31, 2017
(in thousands)		Gabon			Equatorial Guinea			Corporate and Other			Total
Revenues-oil and natural gas sales		$	21,246		$	—		$	20		$	21,266
Depreciation, depletion and amortization			1,809			—			60			1,869
Bad debt expense and other			98			—			—			98
Operating income (loss)			10,960			(38)			(2,774)			8,148
Interest expense, net			403			—			—			403
Income tax expense			3,194			—			—			3,194
Additions to property and equipment - accrual			262			—			—			262

Long-lived Assets From Continuing Operations



(in thousands)		Gabon			Equatorial Guinea			Corporate and Other			Total
Long-lived assets from continuing operations:
Balance at March 31, 2018		$	12,081		$	10,000		$	518		$	22,599
Balance at December 31, 2017			12,638			10,000			583			23,221

Assets from continuing operations:
Balance at March 31, 2018		$	75,718		$	10,097		$	3,340		$	89,155
Balance at December 31, 2017			63,122			10,095			3,580			76,797