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Vaalco Energy Inc. Message Board

investprotect 1 post  |  Last Activity: May 16, 2016 12:22 PM Member since: Nov 3, 2005
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    CFO Resigns

    by johnnyboynj May 12, 2016 5:17 PM
    investprotect investprotect May 16, 2016 12:22 PM Flag

    Ships move, Vaalco just sits in one place treading water. No known expansion plan, leases that are not of interest at the current price for oil and no alliances with others to jointly develop prospects, maybe because there isn't sufficient talent in company. One wonders why you need any management for such a situation. Perhaps cutting back to a single production department would make some temporary sense.

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