Name | Value |
---|---|
Revenues | 100.2M |
Cost of Revenue | 58.0M |
Gross Profit | 42.2M |
Operating Expense | 8.7M |
Operating I/L | 33.5M |
Other Income/Expense | -2.3M |
Interest Income | 0.0M |
Pretax | 29.9M |
Income Tax Expense | 22.2M |
Net Income/Loss | 7.7M |
VAALCO Energy, Inc. is an independent energy company that focuses on acquiring, exploring, developing, and producing crude oil and natural gas. The company's primary revenue streams come from its operations in the Etame Marin block located offshore in the Republic of Gabon in West Africa, where it holds a production sharing contract. Additionally, VAALCO Energy, Inc. owns interests in an undeveloped block offshore Equatorial Guinea, West Africa, further contributing to its oil and gas production portfolio.