VAALCO OPERATIONS
VAALCO Energy, Inc.’s focus is on the existing West Africa asset base and acreage positions. Our growth strategy is to fully exploit the potential and expand our West Africa footprint. We also continue to pursue selective corporate and/or producing property acquisitions with exploration upside.
ETAME MARIN PERMIT
ETAME MARIN WORKING INTEREST 58.8%
- 46,200 gross acres
- 27,200 net acres
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Offshore Gabon - Etame Marin Permit
1995: Signed Etame Marin Permit PSA, Offshore Gabon
1998: Etame Field Discovery
2002: First oil from Etame Field
2004: Ebouri, Avouma discoveries
2007-2009: Avouma and Ebouri Platforms installed and production commenced
2011: South East Etame Field discovery
2013-2014: Etame and SEENT Platforms installed and production commenced
2022: Replacement of the FPSO with a refurbished FSO and the reconfiguration of the Etame Subsea infrastructure and central processing facility upgrades
EQUATORIAL GUINEA, BATA
BLOCK P WORKING INTEREST 45.9%
- 57,300 gross acres
- 26,300 net acres Offshore Exploration & Development
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Equatorial Guinea - Block P
2012: Signed PSA in Block P Offshore Equatorial Guinea
2022: Venus Plan of Development submitted to and approved by Government of Equatorial Guinea
20+ million BOE gross EUR discovered
