NEW YORK, NY / ACCESSWIRE / June 1, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on VAALCO Energy, Inc. (EGY), a Houston-based independent energy company principally engaged in the acquisition, development, and production of crude oil. The Company's properties and acreage are located primarily in Gabon and Equatorial Guinea in West Africa.
On May 7, 2018, the company released its First Quarter earnings results. The shares opened at $.41 and have since risen to $2.33 per shares as of today's date, an increase of over 500%.
In the first quarter of 2018 and recently announced that its subsidiary paid off the outstanding balance on its Amended Term Loan Agreement with the International Finance Corporation ("IFC") and begun workover operations last week to restore production to two wells currently shut-in on the Avouma platform.
Read our report with all the financial data and operational outlook for EGY here READ MORE
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SOURCE: Traders News Source