Vaalco Energy Inc Di — FOURTH QUARTER 2026 DIVIDEND

(LSE:EGY) Vaalco Energy, Inc (DI) has declared a fourth quarter 2026 cash dividend of $0.0625 per common share. The annualized dividend rate is $0.25 per common share. The dividend will be payable on December 22, 2026. The record date for stockholders entitled to receive the dividend is November 20, 2026. This marks the company's 20th consecutive quarterly dividend. The Board of Directors retains discretion over future dividends. Future dividend payments will be determined based on financial results, balance sheet strength, cash and liquidity, and crude oil and natural gas prices. There is no guarantee that future dividends will be paid. The announcement does not specify any changes to the dividend policy. No additional operational or financial results were disclosed in this announcement. No executive names or direct quotes are included in the release. No project, asset, or well names are mentioned. No counterparties, agencies, or courts are referenced. No license, permit, or case identifiers are provided. No other material dates or deadlines are stated. No additional figures or metrics are disclosed beyond the dividend amounts and dates.

Vaalco Energy Inc Di — THIRD QUARTER 2026 RESULTS

(LSE:EGY) Vaalco Energy, Inc reported third quarter 2026 production of 20,145 NRI BOPD, representing an increase of approximately 21% compared to the second quarter. Sales for the quarter were 18,454 NRI BOPD, which was toward the high end of company guidance. Adjusted EBITDAX for Q3 2026 was $71.1 million, up 30% quarter-over-quarter. The company recorded a net loss of $39.8 million, or $0.38 per diluted share, for the quarter. This loss was driven by $57.0 million of derivative losses, including $34.7 million in unrealized losses. Capital expenditures for the third quarter totaled $86.9 million. At the end of Q3 2026, Vaalco held $51.3 million in cash. The company reported $239.0 million in long-term debt and had $61.0 million available on its reserve-based lending (RBL) facility. Vaalco declared a quarterly dividend of $0.0625 per share. For the fourth quarter of 2026, the company guided sales to a range of 20,800 to 22,600 NRI BOPD. Production guidance for Q4 2026 was set at 18,800 to 20,900 NRI BOPD. The company attributed the net loss primarily to derivative losses. The reported production and sales figures reflect continued operational performance improvements. The company’s financial position at quarter-end included significant cash reserves and available credit. The dividend declaration reflects ongoing shareholder return initiatives. The company’s guidance for Q4 indicates expectations for continued strong operational performance.

VAALCO Energy, Inc. Announces Third Quarter 2026 Results

(NYSE:EGY, LSE:EGY) VAALCO Energy, Inc. reported operational and financial results for the third quarter of 2026, including the successful completion of the drilling campaign in Gabon with the ETSEM-3H development well and the release of the rig in early October. The company resumed production at the Baobab field offshore Côte d’Ivoire in June, completed the first sales lifting in August, and began Phase Five drilling operations in September, with the first well to be completed by year-end 2026 and additional wells coming online in the first half of 2027. VAALCO sold 18,454 net revenue interest (NRI) barrels of oil per day (BOPD) in Q3 2026, up 4% from Q2 2026, and produced 25,284 working interest (WI) BOPD or 20,145 NRI BOPD, an increase of about 21% compared to Q2 2026. The company reported a net loss of $39.8 million ($0.38 per diluted share) for Q3 2026, primarily due to a non-cash loss on derivative instruments, compared to net income of $42.4 million ($0.39 per diluted share) in Q2 2026 and $1.1 million ($0.01 per diluted share) in Q3 2025. Adjusted EBITDAX increased by 30% to $71.1 million compared to Q2 2026 and was three times higher than the $23.7 million generated in Q3 2025. Capital expenditures totaled $86.9 million in Q3 2026, advancing key growth programs including the Gabon Phase Three Drilling Program, Baobab field restart, Phase Five drilling in Côte d’Ivoire, and continued drilling in Egypt. The company forecasts Q4 2026 sales volumes between 20,800 and 22,600 NRI BOPD, an 18% increase at the midpoint over Q3 2026, and expects Q4 2026 production between 18,800 and 20,900 NRI BOPD. Capital guidance for Q4 2026 is decreased to a range of $55 to $75 million. VAALCO declared a quarterly cash dividend of $0.0625 per share to be paid on December 22, 2026. In Gabon, the ETBNM-3 gas-supply well was drilled and brought online, reducing reliance on diesel, and the ETSEM-3H development well was completed with a 300-meter lateral in high-quality Gamba reservoir sands. The BWE Consortium completed a 3D seismic campaign across the Niosi and Guduma blocks in January 2026, with data processing ongoing. In Côte d’Ivoire, the Baobab FPSO returned after refurbishment in February 2026, production resumed in June, and the first crude oil lifting occurred in August. The company is operator of exploration license CI-705 (70% WI) and, pending approval, will enter the second exploration phase, requiring relinquishment of about 25% of Phase 1 Block CI-705 and certain minimum work and investment obligations. VAALCO became operator with a 60% WI in the Kossipo field on CI-40 Block in February 2026, with a field development plan progressing toward completion in H1 2027. In Egypt, five development wells were drilled and completed in Q3 2026, with two more completed in October, and ongoing drilling planned into 2027. In Equatorial Guinea, VAALCO owns a 60% WI in Block P and is progressing toward a Final Investment Decision on the Venus field in Q4 2026. Q3 2026 oil sales were $77,675,000 in Gabon, $83,171,000 in Egypt, and $27,831,000 in Côte d’Ivoire, totaling $188,677,000. Net revenue for Q3 2026 was $73,849,000 in Gabon, $45,321,000 in Egypt, ($26,000) in Canada, and $27,831,000 in Côte d’Ivoire, totaling $146,975,000. Average oil price received in Q3 2026 was $102.00 in Gabon, $77.82 in Egypt, $84.94 in Côte d’Ivoire, and $87.41 total. Q3 2026 production expense (excluding offshore workovers and stock comp) was $44.9 million, with exploration expense at $4.8 million and depreciation, depletion, and amortization at $43.4 million. In Q3 2026, VAALCO reported a net loss on derivative instruments of $57.0 million, including an unrealized loss of $34.7 million and a realized loss of $22.3 million. Income tax expense for Q3 2026 was $20.3 million, including a $4.1 million unfavorable oil price adjustment. The company continues to execute workovers, well interventions, and production optimization in Egypt, and is preparing for major programs at Venus in Equatorial Guinea and Kossipo in Côte d’Ivoire, which are expected to double production organically.

Vaalco Energy, Inc. Declares Fourth Quarter 2026 Dividend

(NYSE:EGY, LSE:EGY) VAALCO Energy, Inc. announced that it has declared a quarterly cash dividend of $0.0625 per share of common stock for the fourth quarter of 2026. This dividend is payable on December 22, 2026, to stockholders of record at the close of business on November 20, 2026. The annualized dividend rate is $0.25 per share. This marks the company's 20th consecutive quarterly dividend. The company states that future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors. George Maxwell, Chief Executive Officer of VAALCO, commented that the company has a diversified portfolio of strong cash flow generating assets supporting both strategic growth initiatives and a sustainable, meaningful dividend for shareholders. VAALCO is described as an African-focused independent energy company with a diversified portfolio of production, development, and exploration assets in Gabon, Egypt, Guinea, and Georgia. The company has transformed from a single-asset producer into a multi-country African operator since 2021 through disciplined acquisitions, portfolio optimization, and operational delivery. VAALCO is headquartered in Houston and is listed on the New York Stock Exchange and the Main Market of the London Stock Exchange under the symbol EGY. The Legal Entity Identifier (LEI) for VAALCO is 549300CFHFVIWB8M6T24. The person responsible for arranging the release of this announcement on behalf of VAALCO is Matthew Powers, Corporate Secretary of VAALCO. The announcement contains inside information as defined in Regulation (EU) No. 596/2014 on market abuse and is made in accordance with the company’s obligations under article 17 of MAR.

Vaalco Energy Inc Di — Operational Update

(NYSE: EGY, LSE: EGY) Vaalco Energy, Inc. provided operational updates in offshore Gabon regarding the ongoing drilling program, including well results on the ETBNM-3 well and commencement of the ETSEM-3PH well. The ETBNM-3 gas-supply well was successfully drilled, completed and placed on production in the crestal portion of the North Tchibala structure from the Dentale D-15 reservoir, with reservoir properties above pre-drill estimates and over 10 meters of net reservoir pay. The company moved the rig on 27 th July to a new slot on the SEENT platform to drill the ETSEM-3PH pilot hole and development well, with a planned horizontal development well completion length of 300 meters within the Gamba sands. The ETBNM-3 well provides sufficient gas supply for field operations, liftings and power needs, significantly reducing the costs of higher priced diesel. Evaluation is ongoing to assess the potential of the shallower pay intervals encountered in the D-9 and D-12 intervals, which appear to contain wet gas to light oil pay. Vaalco, founded in 1985 and incorporated under the laws of Delaware, is a Houston, Texas, USA based, independent energy company with a diverse portfolio of production, development and exploration assets across Gabon, Egypt, Côte d'Ivoire, and Equatorial Guinea. The company projects that the successful gas well should improve field uptime and potentially add production uplift to existing wells over time.

VAALCO Energy, Inc. Provides Operational Update for Ongoing Drilling Program in Offshore Gabon

(NYSE: EGY, LSE: EGY) VAALCO Energy, Inc. announced operational updates in offshore Gabon, including the successful drilling, completion, and production placement of the ETBNM-3 gas-supply well in the crestal portion of the North Tchibala structure from the Dentale D-15 reservoir. Reservoir properties were above pre-drill estimates, with strong porosity and permeability and over 10 meters of net reservoir pay. The ETBNM-3 well provides sufficient gas supply for field operations, liftings, and power needs, significantly reducing the costs of higher priced diesel. Evaluation is ongoing to assess the potential of the shallower pay intervals encountered in the D-9 and D-12 intervals, which appear to contain wet gas to light oil pay. The drilling campaign continued by moving the rig on 27th July to a new slot on the SEENT platform to drill the ETSEM-3PH pilot hole and development well. The pilot well is designed to test the original field Oil Water Contact and potential of the underlying Dentale formation, with a subsequent horizontal development well planned with a completion length of 300 meters within the Gamba sands. Vaalco, founded in 1985 and incorporated under the laws of Delaware, is based in Houston, Texas, USA, with a diverse portfolio of production, development, and exploration assets across Gabon, Egypt, Côte d'Ivoire, and Equatorial Guinea.

Operational Update - Offshore Gabon and in Egypt

(NYSE:EGY, LSE:EGY) Vaalco Energy, Inc. announced positive operational updates offshore Gabon and in Egypt, including the successful drilling, completion, and production of the Ebouri-5H development well with a lateral of 300 meters of net pay in high-quality Gamba sands. The Ebouri-5H well achieved an initial flow rate exceeding 8,000 gross barrels of oil per day (BOPD), with 4,700 BOPD net to Vaalco, and very low water cut. The company has mobilized the rig to the SEENT platform to drill the ETBNM-3 development well, targeting gas and condensate resources in the Dentale D15 reservoir. In Egypt, Vaalco completed and placed on production the HE-9 development well, which encountered 26 meters of net pay in the Asl B reservoir and achieved an initial flow rate of 529 gross BOPD. The company is drilling additional wells in Egypt in 2026 following the success of the 2025 drilling campaign. Vaalco states that the remainder of 2026 will be profitable and remains focused on execution and driving meaningful growth through organic capital programs.

VAALCO Energy, Inc. Announces Exciting Operational Update in Offshore Gabon and in Egypt

(NYSE:EGY, LSE:EGY) VAALCO Energy, Inc. announced positive operational updates offshore Gabon, including the successful drilling, completion, and production of the Ebouri-5H development well with a lateral of 300 meters of net pay in high-quality Gamba sands. The Ebouri-5H well achieved an initial flow rate exceeding 8,000 gross barrels of oil per day (BOPD), with 4,700 BOPD net to Vaalco, and very low water cut. The company has mobilized the rig to the SEENT platform to drill the ETBNM-3 development well, targeting gas and condensate resources in the Dentale D15 reservoir. In Egypt, Vaalco successfully drilled, completed, and placed on production the HE-9 development well, which encountered 26 meters of net pay in the Asl B reservoir and achieved an initial flow rate of 529 gross BOPD. The company is drilling additional wells in Egypt in 2026 following the success of the 2025 drilling campaign. Vaalco states that the remainder of 2026 will be profitable and remains focused on execution and driving meaningful growth through organic capital programs. The Baobab field has been successfully restarted, contributing to the company's positive achievements year to date.

VAALCO Energy, Inc. Announces Baobab Field Production Resumes After Successful FPSO Refurbishment

(NYSE:EGY, LSE:EGY) VAALCO Energy, Inc. announced that the Baobab field on CI-40 block, offshore Côte d’Ivoire is back online following the successful Baobab Ivoirien Floating Production Storage and Offloading vessel (“FPSO”) refurbishment. The FPSO at Baobab ceased hydrocarbon operations in January 2025 and underwent a nine-month refurbishment in Dubai before returning to Côte d’Ivoire in early Q2 2026. Production has resumed from four producing wells, with the remaining three producers expected to come online shortly. The CI-40 block license has been extended through 2038. A significant development drilling program at Baobab is planned to begin in the second half of 2026, with Phase 5 drilling expected to include four producers, two to three injectors, and two workovers. The company projects that the field is performing in line with Vaalco’s expectations and that the remainder of 2026 will be very impactful. Vaalco was founded in 1985 and is based in Houston, Texas, USA, with assets across Gabon, Egypt, Côte d'Ivoire and Equatorial Guinea.

Vaalco Energy, Inc. Announces First Quarter 2026 Results

VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) reported its operational and financial results for the first quarter of 2026, including a net loss of $93.8 million ($0.90 per diluted share) and Adjusted EBITDAX of $11.6 million. The company invested $78.1 million in capital expenditures, successfully drilled and placed on production the Etame 14H and 15H wells in Gabon, and divested all Canadian properties for $25.5 million. Q1 2026 production was 15,110 NRI BOEPD, with sales of 1,094,000 NRI BOE and total commodity sales of $62.6 million. VAALCO increased its full year 2026 production and sales guidance while maintaining its capital budget, and expects stronger financial performance in Q2 2026.

Vaalco Energy, Inc. Declares Second Quarter 2026 Dividend

VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) announced the declaration of its quarterly cash dividend of $0.0625 per share for the second quarter of 2026, amounting to $0.25 annualized. The dividend is payable on June 26, 2026, to stockholders of record as of May 22, 2026. This marks the company's 18th consecutive quarterly dividend. The announcement highlights VAALCO's ongoing capital program and commitment to shareholder returns. Future dividends remain subject to Board approval.

VAALCO Energy, Inc. Announces Positive Operational Update

VAALCO Energy, Inc. announced positive operational updates related to its drilling program in Gabon, highlighting encouraging initial results from the Etame 14H well and the mobilization of its rig to the Ebouri platform. The company also provided updates on the timeline for bringing the Baobab field in the CI-40 block, offshore Côte d’Ivoire, back online. These developments signal ongoing progress in VAALCO's exploration and production activities, which are significant for investors monitoring the company's operational momentum and future production potential.