VAALCO terminates undrawn $50M credit facility upon execution of new facility

VAALCO ENERGY INC /DE/

Prior $50M reserve-based revolving credit facility terminated effective March 18, 2025.
No amounts were drawn under the Prior Facility at cancellation.
Termination follows execution of new reserve-based facility disclosed on March 10, 2025.
Existing hedging and offtake agreements with Glencore continue unchanged.

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