Jeffrey Robertson

Charlie Sharp

Christopher Wheaton

Stephane Foucaud

William Dezellem

Chris Wheaton

James Wilen

Stephane Guy Foucaud

- VAALCO Energy (EGY) has achieved substantial growth, increasing its working interest production five-fold from **5,500 barrels per day in 2020** to just under **25,000 barrels per day in 2024**, and its 2P reserves tenfold from **9.7 million barrels in 2020** to just under **100 million barrels in 2024**.  **[894627_2162687_1]** **[894627_2162687_2]** 
- The company maintains a strong financial position, operating on a **net cash basis** in 2025 and being **fully funded** for its planned developments.  **[894627_2162687_2]** **[894627_2162687_6]**  It has returned over **$100 million to shareholders** in the last three and a half years through a sustained quarterly dividend, currently yielding around **6.4%**, and a **$30 million buyback program**.  **[894627_2162687_1]** **[894627_2162687_2]** **[894627_2162687_3]** 
- VAALCO projects significant future production increases, with plans for **50% growth in the second half of 2026** and over **250% by 2030**, aiming to reach in excess of **50,000 barrels per day** working interest, driven by ongoing drilling campaigns in Gabon, Egypt, Port Bouët, and the Venus development in Equatorial Guinea.  **[894627_2162687_1]** **[894627_2162687_5]** **[894627_2162687_6]**

VAALCO ENERGY INC /DE/ (EGY)