VAALCO Energy, Inc.

We are an independent energy company based in Houston, Texas, focused on acquiring, exploring, developing, and producing crude oil, natural gas, and natural gas liquids (NGLs). Our portfolio is diversified and primarily focused on Africa, with production, development, and exploration assets in Gabon, Egypt, Cote d'Ivoire, Equatorial Guinea, and Nigeria. Prior to the Canada Asset Divestment, we also had producing properties in Canada. Our business strategy aims to maximize the value of our current resources and expand into new development opportunities within our strategically complementary asset base. We work to increase shareholder value by controlling operating costs and capital expenditures, maximizing reserve recoveries, and making disciplined strategic acquisitions that align with our objectives. Specifically, we focus on maintaining production and lowering costs to increase margins, managing capital expenditures for drilling programs to be funded by cash on hand and operations, operating safely and complying with environmental standards, optimizing production through well and infrastructure management, maximizing cash flow and income, planning for additional property development, maintaining a strong balance sheet with conservative leverage, opportunistically hedging against price changes, and actively pursuing strategic mergers and acquisitions of similar properties to diversify our portfolio.