Vaalco Energy
VAALCO Energy Inc., (NYSE: EGY), is a small oil production company with annual revenues (2005) of $85 million. On July 25, 2004, VAALCO Energy was approved for listing on the American Stock Exchange (Amex). The common stock of the company was listed under the ticker symbol EGY on July 21.[1] It is listed on the New York Stock Exchange under the symbol "EGY". VAALCO has a 30% interest in the 750,000 acre (3,000 km²) Etame Marin Block offshore Gabon, West Africa. Oil production from this property is the company's primary source of revenue.
Corporate governance
Current members of the board of directors of VAALCO include: Robert L. Gerry III (CEO), Robert H. Allen, William S. Farish, O. Donaldson Chapoton, Luigi P. Caflisch, Arne R. Nielsen, and W. Russell Scheirman.
Environmental agreements
VAALCO Energy claims to abide by laws both local and national, and also coincides with the International Finance Corporation environmental guidelines.1 On April 19, 2002, VAALCO signed a loan agreement with the International Finance Corporation. The agreement was to comply with certain limits and regulations on air emission levels, waste guidelines, and spill cleanup policies.1 (1 EdgarOnline: 3/8/2006 http://sec.edgar-online.com/2006/03/08/0001193125-06-048519/Section2.asp)
External links
- Vaalco Energy Inc. company website
- BusinessWeek's 2006 Growth Companies