Vaalco Energy (EGY)

[spec machine]

"The beatings will continue until morale improves"

or earnings shock takes hold

The Gamba interval was a disappointment but I am hopeful that the D9 will produce a good DST when they have a chance to do a workover

The D1 wasn't the primary target so it's possible that the area penetrated wasn't the ideal location in that sand, raising the possibility that the D1 is still a target for future use and that a recompletion or a development well would dramatically improve recovery from that sand at that location

any 5's are a bargain and earnings on deck will impress, IMO

I expect revenues to be up 100% yoy at $100-110M and EPS>$.60

I hope they add the 2 wells with the options and announce that with the earnings conference call

The Skandi Constructor and the FSO are converging on Etame from opposite directions and will both arrive in less than 2 weeks at current speeds

spec