HOUSTON, Dec. 11, 2014 /PRNewswire/ -- VAALCO Energy,
Inc. (NYSE: EGY) today announced that it will hold a conference
call on Friday, December 12, 2014, at
10.00 a.m. Central Time (11.00 a.m. Eastern Time) to discuss the results
of the recently completed Etame 8-H development well and the
Company's ongoing drilling campaign offshore Gabon.
Interested parties may participate by dialing (800)
288-8968. International parties may dial (888)
428-4473. The confirmation code is 347481. This call
will also be webcast on VAALCO's website at www.vaalco.com.
As previously announced, the Etame 8-H well was drilled and
contacted 135 meters measured depth (horizontal) of high quality
reservoir within the oil-bearing portion of the Gamba sand, with
the wellbore encountering a 9 meters vertical oil column.
VAALCO subsequently shut in Etame 8-H as the well was determined to
be producing hydrogen sulfide (H2S) during the initial
testing process. VAALCO has already begun the design of a
crude sweetening facility that will allow the Company to redevelop
the Ebouri field and provide sweetening capacity for future
production from wells producing H2S, including Etame
8-H. As of last month, VAALCO and its partners were targeting
a facility commissioning date in 2017. With the discovery of
H2S at Etame 8-H, the Company is committed to redoubling
its efforts to bring the crude sweetening facility on line as soon
as practicable.
An audio replay will be available beginning approximately one
hour after the end of the conference call through January 12, 2015, on the Company's website and by
dialing (800) 475-6701. International parties may dial (320)
365-3844. The confirmation code is 347481.
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.
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SOURCE VAALCO Energy, Inc.