HOUSTON, Dec. 31, 2013 /PRNewswire/ -- VAALCO
Energy, Inc. ("VAALCO") (NYSE: EGY) today announced that one of its
directors, Mr. Luigi P. Caflisch,
has informed the Board of Directors that he has decided to resign
for personal reasons, effective December
31, 2013. Mr. Caflisch has served on VAALCO's board
since 2005 and currently serves as a member of the Board's Audit,
Compensation, and Nominating and Corporate Governance
Committees.
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"Luigi Caflisch has served our
Board with distinction and we are grateful for his dedication to
VAALCO and its shareholders," said Robert
Gerry, Chairman of the Board. "His independent
leadership and expertise have contributed to our success, and on
behalf of our Board of Directors and the Company, I want to thank
him for his dedication and service to VAALCO. We wholeheartedly
wish him well."
About VAALCO
VAALCO Energy, Inc. is a Houston based independent energy company
principally engaged in the acquisition, exploration, development
and production of crude oil. VAALCO's strategy is to increase
reserves and production through the exploration and exploitation of
oil and natural gas properties with high emphasis on international
opportunities. The company's properties and exploration
acreage are located primarily in Gabon and Angola, West
Africa.
SOURCE VAALCO Energy, Inc.