$4.14
-0.02 (-0.48%)
VAALCO Energy, Inc. (EGY)
CAPS Rating:
An independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas.
An independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas.
Recs
A outstanding small cap energy company with working interest in various parts of Africa, UK, Texas Gulf, and Gulf of Mexico. Great management with the experience to guide through todays murky waters. Looking to expand its production facilities. Various new leads, including 2 major prospects, first will begin to be drilled in December with an estimated 20 million barrel surplus as well as 1 off the coast of Gamba with an estimated 10 million barrel surplus. Near its 52 week low, with oil prices steadly begining to increase. Great time to get in.