VAALCO Energy, Inc. Provides Consolidated Production and Sales Guidance for the Fourth Quarter and Full Year 2023
November 08, 2023 at 06:21 am
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VAALCO Energy, Inc. provided consolidated production and sales guidance for the fourth quarter and full year 2023. For the quarter, the company expects production - WI to be in the range of 22,900 BOEPD ? 24,600 BOEPD, production - NRI to be in the range of 17,600 BOEPD ? 19,400 BOEPD, Sales Volume - WI to be in the range of 25,300 BOEPD ? 27,600 BOEPD and sales Volume - NRI to be in the range of 19,800 BOEPD ? 22,000 BOEPD.
For the full year, the company expects production - WI to be in the range of 23,450 BOEPD ? 24,400 BOEPD, production - NRI to be in the range of 18,300 BOEPD ? 18,900 BOEPD, Sales Volume - WI to be in the range of 23,050 BOEPD ? 24,000 BOEPD and sales Volume - NRI to be in the range of 17,900 BOEPD ? 18,500 BOEPD.
VAALCO Energy, Inc. is an independent energy company principally engaged in the acquisition, exploration, development and production of crude oil, natural gas and natural gas liquids. The Companyâs segments include segments Gabon and Equatorial Guinea. It holds 58.8% participating interest in the Etame Marin block, located offshore Gabon in West Africa. The Etame Marin block covers an area of approximately 46,200 gross acres located 20 miles offshore in water depths of approximately 250 feet. The operations of all segments include exploration for and production of hydrocarbons where commercial reserves have been found and developed. The Company owns an interest in an undeveloped block offshore Equatorial Guinea, West Africa. The Company conducts its operating activities in Egypt, Canada, and offshore Gabon. In Egypt, its interests are spread across two regions: the Eastern Desert, which contains the West Gharib, West Bakr and Northwest Gharib merged concessions, and the Western Desert.
VAALCO ENERGY, INC. 
