secwatch / observer

VAALCO ENERGY INC /DE/ — fact timeline

Source-grounded facts extracted from VAALCO ENERGY INC /DE/'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

EGY VAALCO ENERGY INC /DE/ JSON
Earnings Releases

VAALCO ENERGY INC /DE/ reported first quarter 2026 results: net income net loss of $93.8 million, EPS ($0.90) per diluted share. Guidance raised.

“Reported a net loss of $93.8 million ($0.90 per diluted share), which includes $94.2 million in expenses primarily due to a loss on derivative instruments and exploration expense;”
Earnings Releases

VAALCO ENERGY INC /DE/ reported preliminary financial results for the first quarter of 2026.

“On April 21, 2026, VAALCO Energy, Inc. (the “Company”) issued a press release announcing certain operational results for the first quarter of 2026.”
Material Agreements

VAALCO ENERGY INC /DE/ entered into Asset Purchase and Sale Agreement with Petrus Resources Corp. valued at approximately $35 million Canadian Dollars (USD $25.6 million) (effective 2026-02-04).

“On February 4, 2026, VAALCO Energy Canada, Inc. (the "Seller"), a wholly-owned indirect subsidiary of VAALCO Energy, Inc., (the "Company", "we" and "us") entered into an Asset Purchase and Sale Agreement (the "Asset Purchase Agreement") with Petrus Resources Corp. (the "Buyer") and, solely for the purposes of Section 9.7 therein, Petrus Resources LTD. (the "Buyer Guarantor"), providing for the purchase by Buyer of substantially all of Seller’s assets and liabilities, which constitute the Canadian land assets and related liabilities we acquired pursuant to the terms of our business combination with TransGlobe Energy Corporation in October 2022 (the "Assets," together with the transactions contemplated by the Asset Purchase Agreement referred to herein as the "Canadian Asset Sale").”

Lynn Willis was appointed as Chief Accounting Officer and Controller at VAALCO ENERGY INC /DE/.

“On August 12, 2024, VAALCO Energy, Inc. (the “Company”), appointed Lynn Willis (“Ms. Willis”) to serve as the Company’s Chief Accounting Officer and Controller, effective immediately.”
Earnings Releases

VAALCO ENERGY INC /DE/ reported the first quarter of 2024 results: net income $7.7 million ($0.07 per diluted share), EPS $0.07 per diluted share. Guidance reaffirmed.

“VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) ("VAALCO" or the "Company") today reported operational and financial results for the first quarter of 2024.”
M&A Transactions

VAALCO ENERGY INC /DE/ completed an acquisition involving Petroswede AB for approximately $40.2 million in cash (closed 2024-04-30).

“non-operated working interest in OML 145, a non-producing discovery located offshore of Nigeria that is not expected to be developed at this time. The Buyer paid approximately $40.2 million in cash as consideration for the Acquisition. The Company financed the Acquisition with a portion of VAALCO’s cash-on-hand. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2”

Lynn Willis was appointed as Interim Chief Accounting Officer and Controller at VAALCO ENERGY INC /DE/.

“On April 10, 2024, the Company appointed Lynn Willis (“Ms. Willis”), as the Interim Chief Accounting Officer and Controller of the Company, effective immediately.”

Jason Doornik was terminated as Chief Accounting Officer at VAALCO ENERGY INC /DE/.

“On April 8, 2024, Jason Doornik, Chief Accounting Officer of VAALCO Energy, Inc. (the “Company”), was notified by the Company that he would be terminated from that position.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.