• The Baobab FPSO is now fully re‑moored at its original location, and reconnection of risers and umbilicals is underway. The restart remains on schedule for 2Q26, a critical milestone that should materially lift cash flow and mark the end of a period characterised by high capex and depressed production.
• In Gabon, the Etame 14H development well encountered 325 metres of net pay in high‑quality Gamba sands in an attic position within the Main Fault Block. Initial gross production is ~4,850 bbl/ ....
21 Apr 2026
Vaalco Energy (NYSE: EGY): CI FPSO on location. High production at new well in Gabon
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Vaalco Energy (NYSE: EGY): CI FPSO on location. High production at new well in Gabon
• The Baobab FPSO is now fully re‑moored at its original location, and reconnection of risers and umbilicals is underway. The restart remains on schedule for 2Q26, a critical milestone that should materially lift cash flow and mark the end of a period characterised by high capex and depressed production.
• In Gabon, the Etame 14H development well encountered 325 metres of net pay in high‑quality Gamba sands in an attic position within the Main Fault Block. Initial gross production is ~4,850 bbl/ ....