VAALCO Energy, Inc. Declares Quarterly Dividend By Investing.com

HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (VAALCO or the Company) declared its quarterly cash dividend of $0.0625 per share of common stock for the second quarter of 2024 ($0.25 annualized), which is payable on June 21, 2024, to stockholders of record at the close of business on May 17, 2024. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

George Maxwell, VAALCO’s Chief Executive Officer, commented, Our ongoing strong operational and financial success has allowed us to continue returning cash to our shareholders through a dividend. We paid $0.13 per share in 2022, $0.25 per share in 2023 and with this declaration, we are on track to deliver another $0.25 per share in 2024. We are excited about our diverse portfolio of high potential assets and their ability to generate strong operational and financial results allowing us to successfully execute on our strategic vision.

About VAALCO

VAALCO, founded in 1985 and incorporated under the laws of Delaware, is a Houston, Texas, USA based, independent energy company with a diverse portfolio of production, development and exploration assets across Gabon, Egypt, Cote d’Ivoire, Equatorial Guinea and Canada.

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