Income Q2 2013 vs Q2 2012 down over 30%, YTD2012 vs YTD2013 income down over 24%. Gerry is still pointing to rigs that will pump oil from questionable holes in the territories of a questionably stable country. Dry hole drilling has hurt Vaalco. A change at the top is in order!
you think change is in order? Failure after failure, dry hole after dry hole, yet the salaries of our management team are up more the 3x since the Nanes offer of $7.50 in 2007. Here we sit, six years later still below that offer. This management team is a pathetic joke and could care less about shareholders.