VAALCO Energy, Inc. is screened out under 2 exclusion reasons spanning 1 issue category.
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. It is a statement of values.
VAALCO Energy is an independent oil and gas exploration and production company. Its operations are concentrated offshore West Africa, primarily in Gabon, where it operates the Etame field. In 2025, the company reported average daily production of 16,556 net revenue interest barrels of oil equivalent (BOE). Its proved reserves at year-end 2024 were 11.1 million BOE, and it continues to execute drilling campaigns, as evidenced by a step-out exploration well offshore Gabon in March 2026. The company’s entire business model and revenue are derived from the upstream extraction of fossil fuels.
VAALCO Energy is an independent oil and gas exploration and production company whose operations are focused on offshore West Africa and Egypt. The company’s entire business model and revenue are derived from the upstream exploration and production of crude oil and natural gas liquids. As of December 31, 2025, the company reported proved reserves of 43.0 million barrels of oil equivalent, primarily located offshore Gabon and in Egypt’s Eastern Desert.
Recent operational updates highlight the company’s active expansion of this fossil fuel production. In February and March 2026, VAALCO provided updates on its ongoing drilling program offshore Gabon, including results from the Etame 15H-ST well and the spudding of additional development wells. The company’s stated strategy for 2025 involved launching new drilling campaigns and investing in infrastructure across its three operating regions in Africa. There is no evidence of a strategic transition away from fossil fuel extraction or a material commitment to renewable energy development.
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