EGY Vaalco Energy Inc

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report

October 23, 2014

(Date of earliest event reported)

 

VAALCO Energy, Inc.

(Exact name of registrant as specified in its charter)

 

 

4600 Post Oak Place, Suite 300

Houston, Texas  77027

(Address of principal executive offices, including zip code)

(713) 623-0801

(Registrant's telephone number, including area code)

 

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

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Item 5.02   Departure of Directors or Certain Officers:  Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On October 23, 2014, VAALCO Energy, Inc. announced via news release that it had appointed Andrew L. Fawthrop as a member of the Board of Directors effective November 1, 2014.  Mr. Fawthrop is an independent director, and the committees on which he will serve have not yet been determined.  

The press release is attached hereto as Exhibit 99.1

Item 9.01   Financial Statements and Exhibits.

(c) Exhibits.  The Exhibit listed below is being furnished with this Form 8-K.

Exhibit 99.1 Press Release dated October 23, 2014

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

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EXHIBIT INDEX

 

 

 

 

 

FOR IMMEDIATE RELEASE

 

VAALCO ENERGY ANNOUNCES NEW DIRECTOR

 

HOUSTON – October 23, 2014 – VAALCO Energy, Inc. (NYSE: EGY) announced today the appointment of Andrew L. Fawthrop to the Company’s Board of Directors, effective November 1, 2014.  Mr. Fawthrop will stand for re-election at the Company’s 2015 Annual Meeting of Shareholders.

 

Mr. Fawthrop, 62, has deep and broad-based experience in the oil and gas industry, including in West Africa, having served for 37 years with Unocal Corporation and Chevron Corporation (following its acquisition of Unocal in 2005) in numerous international leadership positions.  Most recently, until his retirement in 2014, Mr. Fawthrop served as Chairman and Managing Director for Chevron Nigeria.  Prior to his assignment in Nigeria, Mr. Fawthrop served as President and Managing Director for Unocal/Chevron Bangladesh from 2003 until 2007.  In his professional career, Mr. Fawthrop has held various positions of increasing responsibility for exploration activities around the world in geographies including China, Egypt, Indonesia, Mexico, Africa, Latin America and Europe.   

 

Mr. Fawthrop said, “I believe VAALCO has outstanding assets and a proven track record of success and I am excited to join the Board of Directors.  In particular, I look forward to leveraging my background, including my recent experience in West Africa, to help guide VAALCO’s strategy for exploration and production activities.”  

 

Steven Guidry, Chairman and CEO commented, “Andrew’s extensive international experience will bring an important perspective and dimension to our Board of Directors.  We are extremely pleased to welcome Andrew to our Board and look forward to his counsel.”

 

Mr. Fawthrop holds a Bachelors Degree in Geology and Chemistry and a Masters Degree in Marine Geology from the University of London.

 

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, Angola and Equatorial Guinea in West Africa.