VAALCO Energy, Inc traded at 385.00 this Friday March 13th, decreasing 15.00 or 3.75 percent since the previous trading session. Looking back, over the last four weeks, VAALCO Energy, Inc lost 8.45 percent. Over the last 12 months, its price rose by 24.19 percent. Looking ahead, we forecast VAALCO Energy, Inc to be priced at 373.37 by the end of this quarter and at 340.56 in one year, according to Trading Economics global macro models projections and analysts expectations.
VAALCO Energy, Inc. is an independent energy company with a diverse portfolio of production, development and exploration assets across Gabon, Egypt, Cote d’Ivoire, Equatorial Guinea, and Canada. It is engaged in the acquisition, exploration, development and production of crude oil, natural gas and natural gas liquids. It owns a working interest in, and is the operator of, the Etame PSC related to the Etame Marin block located offshore Gabon in West Africa. The Etame Marin block covers an area of about 46,200 gross acres located 20 miles offshore in water depths of about 250 feet. It owns an interest in an undeveloped block offshore Equatorial Guinea, West Africa. In Egypt, its interests are spread across two regions: the Eastern Desert and the Western Desert. In Harmattan, Canada, it owns production and working interests in Cardium light oil and Mannville liquids-rich gas assets. It also owns a working interest in the Baobab field in Block CI-40, offshore Cote d’Ivoire in West Africa.