{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-22-037165","form_type":"8-K","ticker":"EGY","cik":"0000894627","company_name":"VAALCO ENERGY INC /DE/","filed_at":"2022-10-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.910879+00:00","generated_at":"2026-06-23T03:42:33.578138+00:00","sec_items":["2.01","5.02","5.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"VAALCO completes TransGlobe acquisition; issues ~49.3M shares, sets $0.25/yr dividend","bullets":["Exchange ratio of 0.6727 VAALCO shares per TransGlobe share; ~49.3M VAALCO shares issued.","Board expanded from 4 to 7 with appointment of David Cook, Edward LaFehr, Timothy Marchant.","Authorized common shares increased from 100M to 160M; TransGlobe credit facility of C$4.1M repaid.","Targeted annualized dividend of $0.25/share for 2023, nearly double prior; $30M share buyback planned.","Synergistic cost savings of $30-50M expected over 7 years; pro forma company has no net debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-22-037165","json":"https://secwatch.observer/filing/0001140361-22-037165.json","markdown":"https://secwatch.observer/filing/0001140361-22-037165.md","text":"https://secwatch.observer/filing/0001140361-22-037165.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/894627/000114036122037165/0001140361-22-037165-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/894627/000114036122037165/brhc10042848_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T03:42:33.578138+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"02f578ec31","claim":"Edward LaFehr was appointed as Director at VAALCO ENERGY INC /DE/.","evidence_excerpt":"appointed three of the members of TransGlobe’s existing board of directors, namely: David Cook, Edward LaFehr and Timothy Marchant, to serve as directors of VAALCO","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/894627/000114036122037165/0001140361-22-037165-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"502e5921ed","claim":"David Cook was appointed as Director at VAALCO ENERGY INC /DE/.","evidence_excerpt":"appointed three of the members of TransGlobe’s existing board of directors, namely: David Cook, Edward LaFehr and Timothy Marchant, to serve as directors of VAALCO","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/894627/000114036122037165/0001140361-22-037165-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"e4b0a73b53","claim":"Timothy Marchant was appointed as Director at VAALCO ENERGY INC /DE/.","evidence_excerpt":"appointed three of the members of TransGlobe’s existing board of directors, namely: David Cook, Edward LaFehr and Timothy Marchant, to serve as directors of VAALCO","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/894627/000114036122037165/0001140361-22-037165-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}