VAALCO Energy's Offshore Gabon Drilling Yields 2,000 Barrels a Day
MT newswire2026/10/07 08:0804:08 AM EDT, 10/07/2026 (MT Newswires) -- VAALCO Energy (EGY) completed its offshore Gabon phase 3 drilling program, yielding "encouraging" initial well results, the company said Wednesday. The well achieved a stabilized initial flow rate of around 2,000 gross barrels of oil per day, with 1,140 for Vaalco, the company said. The completion also resulted in the demobilization of the drilling at the offshore platform, the company said. VAALCO also said drilling has started on the Baobab Phase 5 program offshore Cote d'Ivoire.
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