VAALCO Energy, Inc. Appoints William Thomas as New Director
April 11 2019 - 6:45AM
VAALCO Energy, Inc. (NYSE: EGY) today announced that William R.
Thomas had been appointed to the Company’s Board of Directors,
effective April 9, 2019. Mr. Thomas will stand for election at the
Company’s 2019 Annual Meeting of Shareholders.
Mr. Thomas has over 30 years of experience in
the international energy industry. Since 2010, through his
wholly-owned entity, Texas Oceanic Petroleum Co., Mr. Thomas has
negotiated transactions involving exploration and production
(E&P) companies around the world including in West Africa. Mr.
Thomas began his career as a roughneck working on land and marine
drilling rigs in Australia, West Texas and Brazil while attending
the University of Texas. In 1982, Mr. Thomas joined the
International Division of Pennzoil Company. In 1986, Mr. Thomas
entered investment banking with the Mergers & Acquisitions
Department of Bankers Trust Company and advised energy clients on
upstream mergers and acquisitions. He became CEO of Siberian
American Oil Company, an early U.S.- Russian joint venture in 1994
and in 1996, joined Amoco Eurasia Petroleum Company as Vice
President responsible for the Timan Pechora region of Russia. In
1998, Mr. Thomas was appointed President and CEO of Nations Energy
Company Ltd, a Canadian company with operations in Western
Kazakhstan. In 2001, Mr. Thomas was a founder and appointed CEO of
Urals Energy N.V. which became Russia’s largest independent oil
company and eventually sold its production subsidiaries to LUKoil.
He later was a founder and CEO of Urals Energy Public Company Ltd.
and led the company to a successful IPO on London’s AIM stock
exchange in 2005.
Cary Bounds, Chief Executive Officer, commented,
“We believe that Bill’s in-depth international energy experience as
a senior executive in a number of E&P companies, as well as an
upstream energy investment banker are well suited to support VAALCO
in achieving our strategic goals.”
Mr. Thomas graduated from the University of
Texas at Austin with a B.A. in Economics. Mr. Thomas serves as a
director and nominee pursuant to an arrangement with Group 42- BLR
Reporting Group.
About VAALCO
VAALCO Energy, Inc. is a Houston-based
independent energy company principally engaged in the acquisition,
development and production of crude oil. The Company's properties
and acreage are located primarily in Gabon and Equatorial Guinea in
West Africa.
Investor ContactAl Petrie
713-543-3422
Vaalco Energy (NYSE:EGY)
Historical Stock Chart
From Apr 2024 to May 2024
Vaalco Energy (NYSE:EGY)
Historical Stock Chart
From May 2023 to May 2024