---
schema_version: "secwatch.filing_event.v1"
accession: "0000894627-25-000008"
form_type: "8-K"
ticker: "EGY"
cik: "0000894627"
company_name: "VAALCO ENERGY INC /DE/"
filed_at: "2025-03-10T23:59:59+00:00"
generated_at: "2026-05-25T02:35:50.107026+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# VAALCO Energy enters new $300M revolving credit facility (initial $190M) to fund growth projects

## Summary
- Six-year term; amortization begins September 30, 2026; accordion to $300M total.
- Interest rate 6.5%+SOFR until Côte d'Ivoire FPSO dry dock completion, then 6.0%+SOFR.
- Facility secured by assets in Gabon, Egypt and Côte d'Ivoire; replaces existing Glencore facility.
- Undrawn available fee 35% of margin p.a.; undrawn unavailable fee 20% of margin p.a.

## SEC filing metadata
- accession: 0000894627-25-000008
- form_type: 8-K
- ticker: EGY
- cik: 0000894627
- company_name: VAALCO ENERGY INC /DE/
- filed_at: 2025-03-10T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894627/000089462725000008/0000894627-25-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894627/000089462725000008/egy-20250304.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000894627-25-000008
- JSON: https://secwatch.observer/filing/0000894627-25-000008.json
- Plain text: https://secwatch.observer/filing/0000894627-25-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.