• VAALCO outlined a fully funded 2026 development program across core African assets, targeting near-term production, cash flow, and reserve growth.
• 2025 metrics: WI production 21,160 boepd; NRI sales 17,452 boepd; adjusted EBITDAX USD 173 million; SEC proved reserves 43 MMboe; 2P WI reserves 91 MMboe.
• Canada exit: non-strategic assets sold for CAD 35 million (USD 25.5 million), valued at 2.6x 2025 operating cash flow.
• Côte d’Ivoire Baobab restarted production with all seven producers online; Phase 5 drilling starts 3Q26; first oil expected 4Q26.
• Equatorial Guinea Venus project: FEED nearing completion; FID expected in 2026; expected initial production up to 20,000 boepd gross.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VAALCO Energy Inc. published the original content used to generate this news brief on June 23, 2026, and is solely responsible for the information contained therein.