Vaalco Energy (EGY)

[littlejohn]

Thanks, another deal looking similar to proposed

EGY/TGA merger deal was the

Tullow/Capricorn merger deal that

was proposed ahead of this one...


https://www.offshore-energy.biz/tullow-oil-and-capricorn-unveil-merger-plan-to-create-new-player-with-focus-on-africa/

Hard to overlook obvious...

Same deal consultant may have a

common target for a deal between

all down the road...

Total speculation by me right now...

Gabon and Ghana have similar bordering

to the Equatorial Guinea area that will

need fields developed...


https://www.offshore-energy.biz/tullow-oil-and-capricorn-unveil-merger-plan-to-create-new-player-with-focus-on-africa/

And companies don't take all the risk

but line up other partner venture companies

to share risk of development costs...


https://www.vaalco.com/operations


Total speculation but the deal set ups

being so similar lead speculating on

to the most obvious areas...

Both deals have opposition being

expressed to management priorities...

Tullow already has long term Security

agreement with Ghana Navy if anything

ever does get mentioned...


So we watch...LJ