---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-017997"
form_type: "8-K"
ticker: "EGY"
cik: "0000894627"
company_name: "VAALCO ENERGY INC /DE/"
filed_at: "2023-06-21T23:59:59+00:00"
generated_at: "2026-06-13T20:27:09.427597+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# VAALCO Energy dismisses BDO, appoints KPMG as auditor; material weaknesses reiterated

## Summary
- Audit Committee engaged KPMG as independent auditor for FY 2023, dismissing BDO effective June 15, 2023.
- BDO's reports on FY 2022 and 2021 financials were unqualified; no disagreements with BDO occurred.
- Company reported four material weaknesses in internal control over financial reporting in its FY 2022 10-K.
- BDO provided a letter agreeing with the disclosures, filed as Exhibit 16.1.

## SEC filing metadata
- accession: 0001437749-23-017997
- form_type: 8-K
- ticker: EGY
- cik: 0000894627
- company_name: VAALCO ENERGY INC /DE/
- filed_at: 2023-06-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894627/000143774923017997/0001437749-23-017997-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894627/000143774923017997/egy20230620_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-017997
- JSON: https://secwatch.observer/filing/0001437749-23-017997.json
- Plain text: https://secwatch.observer/filing/0001437749-23-017997.txt

## Key facts
- Auditor Changes
  VAALCO ENERGY INC /DE/ dismissed BDO USA, LLP as its auditor.
  - Action: dismissal
  - Auditor: BDO USA, LLP
  - Successor: KPMG LLP
  source text: On June 15, 2023, the Audit Committee (the “Committee”) of the Board of Directors (the “Board”) of VAALCO Energy, Inc. (the “Company”) approved the engagement of KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 and dismissed BDO USA, LLP (“BDO”) as the Company’s independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/894627/000143774923017997/0001437749-23-017997-index.htm
- Auditor Changes
  VAALCO ENERGY INC /DE/ engaged KPMG LLP as its auditor.
  - Action: engagement
  - Auditor: KPMG LLP
  source text: On June 15, 2023, the Audit Committee (the “Committee”) of the Board of Directors (the “Board”) of VAALCO Energy, Inc. (the “Company”) approved the engagement of KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 and dismissed BDO USA, LLP (“BDO”) as the Company’s independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/894627/000143774923017997/0001437749-23-017997-index.htm

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