vaalco energy inc (EGY) Snapshot

VAALCO Energy Inc. announced the addition of James B. Jennings as a new member of the company's Board of Directors, effective immediately. Mr. Jennings will stand for election at the Company's 2014 Annual Meeting of Shareholders. Mr. Jennings served with Hunt Oil Company, Dallas, Texas for 28 years in all aspects of its operations, both domestic and international. Jim served as President of Hunt Oil Company from 1999 to April 2004 and as Chairman from 2004 to December of 2007. He currently serves as Chairman Emeritus. Since 2007, he has been on the Board of Directors of Carbo Ceramics Inc., an oil services company with both domestic and international operations, and is a member of the Audit, Nominating & Corporate Governance and Compensation Committees of the Carbo Board. Prior to his time with Hunt Oil Company, Mr. Jennings worked for over 10 years as a geophysicist with Shell Oil Company and Columbia Gas Development.

Vaalco Energy Inc. Presents at 2013 RBC Capital Markets' Global Energy & Power Conference, Jun-03-2013 10:00 AM. Venue: Ritz-Carlton New York, Battery Park Hotel, New York, New York, United States. Speakers: Robert L. Gerry, Chairman of the Board and Chief Executive Officer.

VAALCO Energy Inc. reported unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, net income attributable to company was $7.2 million or $0.12 per diluted share compared to $9.0 million or $0.15 per diluted share for the comparable period in 2012. Revenues were $44.1 million compared to $45.3 million in the first quarter of 2012. Operating Income was $21,503,000 compared to $30,106,000 a year ago. Net Income was $7,188,000 compared to $10,527,000 a year ago. Capital expenditures were $15,347,000 compared to $16,924,000 a year ago.