VAALCO Energy is an independent oil and gas company that acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids, with operations primarily across West and East Africa including Gabon, Egypt, Côte d'Ivoire, and Equatorial Guinea. The company generates revenue by selling crude oil and natural gas to customers including government entities and third parties, with prices typically indexed to benchmark crude grades such as Dated Brent, and operates under production-sharing contracts that create variable revenue structures based on cost recovery and profit oil splits that fluctuate with commodity prices. VAALCO pursues a strategy of controlling operating costs and capital expenditures, maximizing reserve recoveries, and making disciplined acquisitions, positioning itself to navigate commodity price volatility through its diversified African asset base, quality portfolio, and strong technical expertise.