Vaalco Energy
VAALCO Energy Inc., (NYSE: EGY), is a small oil production company with annual revenues (2005) of $85 million. 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.
[edit] 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.
[edit] 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 19th, 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)
[edit] External links
- Vaalco Energy Inc. company website
- BusinessWeek's 2006 Growth Companies
