other material
confidence high
sentiment positive
materiality 0.65
Vaalco reports Etame 14H well flowed ~4,850 gross BOPD; Baobab restart on track for Q2 2026
VAALCO ENERGY INC /DE/
- Etame 14H development well achieved initial flow rate ~4,850 gross BOPD (2,850 net to Vaalco) with 325m net pay in Gamba sands.
- Rig mobilized to Ebouri platform; drilling commenced on EEBOM-5H development well targeting attic position.
- Baobab FPSO arrived in Côte d'Ivoire April 2 after refurbishment; full reconnection underway, restart expected Q2 2026.
- CEO cites profitable remainder of 2026 driven by Gabon drilling success and Baobab production returning online.