VAALCO Energy (EGY) Reports Q2 EPS of $0.00
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VAALCO Energy, Inc. Announces Second Quarter 2016 Results
August 8, 2016 4:30 PM EDTHOUSTON, Aug. 08, 2016 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY) today reported results for the second quarter of 2016.
Second Quarter 2016 and recent highlights:
Increased revenues 72% compared with first quarter of 2016, on the strength of higher realized pricing and improved sales volumesGrew operating income to $4.6 million in the second quarter of 2016 compared with a loss of $6.6 million in the first quarter of 2016, an increase of $11.2 millionEntered into an agreement to acquire an additional 3.23% participating interest in the Etame Marin Permit offshore Gabon from Sojitz Etame... More