VAALCO Energy, Inc. Acquires 70% Interest in and Becomes Operator of Offshore Côte D'Ivoire CI-705 Block - VAALCO Energy (NYSE:EGY)

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VAALCO Energy, Inc. Acquires 70% Interest in and Becomes Operator of Offshore Côte D'Ivoire CI-705 Block - VAALCO Energy (NYSE:EGY)

HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") announced that it has farmed into the CI-705 block offshore Côte d'Ivoire. Vaalco will become operator of the block with a 70% working interest and a 100% paying interest though a commercial carry arrangement and is partnering with Ivory Coast Exploration Oil & Gas SAS and PETROCI. The CI-705 block is located in the prolific Tano bas…