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    Chris Wheaton

    Managing Director and Senior Analyst at Stifel Financial

    Chris Wheaton is a Managing Director and Senior Analyst at Stifel Financial in London, specializing in Oil & Gas sector research with coverage of companies such as Vaalco Energy and Aker BP. He delivers actionable investment insights, including maintaining Buy ratings and setting competitive price targets, with his research recognized across platforms like TipRanks and industry events. Wheaton joined Stifel in 2017 after a 21-year career at leading investment management firms including Fidelity Investments, Aviva Investors, Allianz Global Investors, and T. Rowe Price, and has focused on Oil & Gas since 2003. He holds a Masters degree in Chemical Engineering from the University of Cambridge and is registered as a Research Analyst with Stifel Nicolaus Europe Ltd.

    Chris Wheaton's questions to VAALCO ENERGY INC /DE/ (EGY) leadership

    Chris Wheaton's questions to VAALCO ENERGY INC /DE/ (EGY) leadership • Q2 2025

    Question

    Chris Wheaton from Stifel Financial asked for an update on the turret bearing, a critical path item for the Cote D'Ivoire FPSO project, and sought to clarify working capital movements, specifically regarding the amount of receivables paid by Egypt during the quarter.

    Answer

    COO Thor Pruckl reported that the turret bearing is already in Dubai and the swivel is en route, with installation expected in September, keeping the project on track. CFO Ronald Bain confirmed that Egypt is keeping pace with its payment commitments, noting that while new revenues were generated, the overall receivable balance has been reduced since the start of the year.

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