---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-022757"
form_type: "8-K/A"
ticker: "EGY"
cik: "0000894627"
company_name: "VAALCO ENERGY INC /DE/"
filed_at: "2024-07-16T23:59:59+00:00"
generated_at: "2026-05-31T20:38:16.779053+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# VAALCO completes Svenska acquisition; audited 2023 results show $166.5M net loss

## Summary
- Acquisition of Svenska (27.39% Baobab field interest) completed on April 30, 2024.
- Svenska's 2023 audited financials: revenue $164.9M, net loss $166.5M.
- Operating loss of $160.7M includes $272M impairment/depreciation.
- Financials restated for error corrections; audit opinion qualified with emphasis of matter.

## SEC filing metadata
- accession: 0001437749-24-022757
- form_type: 8-K/A
- ticker: EGY
- cik: 0000894627
- company_name: VAALCO ENERGY INC /DE/
- filed_at: 2024-07-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894627/000143774924022757/0001437749-24-022757-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894627/000143774924022757/egy20240529_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-022757
- JSON: https://secwatch.observer/filing/0001437749-24-022757.json
- Plain text: https://secwatch.observer/filing/0001437749-24-022757.txt

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