VAALCO Energy, Inc. announced that Mr. Cary Bounds has been appointed Chief Executive Officer and Board Member of VAALCO
effective December 29, 2016. Mr. Bounds has been serving as the Chief Operating Officer for VAALCO for the past 18 months and as the interim CEO for the past five months. Immediately prior to joining VAALCO, Cary was Business Unit Manager, Equatorial Guinea Assets and Country Manager, North Sea at Noble Energy. He earned a Bachelor of Science degree in Petroleum Engineering from Texas A&M University.