{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-029536","form_type":"8-K","ticker":"EGY","cik":"0000894627","company_name":"VAALCO ENERGY INC /DE/","filed_at":"2022-12-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.912738+00:00","generated_at":"2026-06-21T01:17:58.190490+00:00","sec_items":["1.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"confidence":"high","headline":"VAALCO subsidiary TransGlobe terminates ATB Financial credit facility; no amounts drawn","bullets":["Borrowing base was C$22.5M; no amounts drawn as of Dec 19, 2022.","Outstanding letters of credit (C$50k) and credit card balance (~C$35k) to be repaid before termination.","VAALCO's $50M senior secured revolving credit facility with Glencore remains in force unaffected.","Termination is voluntary and will release associated liens upon repayment."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-029536","json":"https://secwatch.observer/filing/0001437749-22-029536.json","markdown":"https://secwatch.observer/filing/0001437749-22-029536.md","text":"https://secwatch.observer/filing/0001437749-22-029536.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/894627/000143774922029536/0001437749-22-029536-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/894627/000143774922029536/egy20221221_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T01:17:58.190490+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":"45f3283f81bc174b77127864d6782d0936a93ec4","claim":"VAALCO ENERGY INC /DE/ terminated ATB Facility with ATB Financial (effective 2022-12-19).","evidence_excerpt":"On December 19, 2022, TransGlobe Energy Corporation (“TransGlobe”), an indirect wholly-owned subsidiary of VAALCO Energy, Inc. (“VAALCO”), voluntarily delivered a notice of termination to ATB Financial relating to TransGlobe’s revolving Canadian reserves-based lending facility with ATB Financial, as lender (the “ATB Facility”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/894627/000143774922029536/0001437749-22-029536-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"ATB Financial"},{"label":"Effective","value":"2022-12-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}