VAALCO Energy (EGY) Provides Q4 and FY16 Production Results
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VAALCO Energy Provides Operational Update and Posts New Investor Presentation to Website
January 25, 2017 5:05 PM ESTHOUSTON, Jan. 25, 2017 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY) (VAALCO or the Company) today provided an operational update that reported strong fourth quarter and full year 2016 production results.Â
Production for the fourth quarter of 2016 averaged approximately 3,650 barrels of oil equivalent per day (BOEPD), above the previously provided guidance range of 3,300 to 3,600 BOEPD. Fourth quarter volumes include production from the acquisition of an additional 3.23% participating interest (2.98% working interest) in the Etame Marin Permit from Sojitz Etame Limited for the month of December after closing the transaction in November.
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