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Thursday, 10/24/2013 8:35:18 PM

Thursday, October 24, 2013 8:35:18 PM

Post# of 658
Vaalco Energy at Crossroads-New Management& Huge Capital Development Program-

http://vaalco.investorroom.com/webcasts_and_presentations

Decent Speculation-
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
VAALCO - Summary
?Stable production profile
•100% operated
•Multiple development opportunities
?Attractive reserve base
•98% oil
•At 12/31/12, proved reserves increased by 22% as compared to 2011
?Strong balance sheet
•No debt
•Majority of the 2013 budget expected to be funded with cash flow
?Large acreage inventory in focus area
•Field development/expansion opportunities
•High potential prospects
?Growth Strategy
•Focus on the existing West Africa asset base and acreage positions to fully exploit the potential and expand West Africa footprint
•Continue to pursue selective corporate and/or producing property
acquisitions with exploration upside

imo

futr

://

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