VAALCO Energy, Inc. Announces Closing of Accretive All Cash Svenska Acquisition
VAALCO Energy(EGY) Newsfilter·2024-04-30 18:30
HOUSTON, April 30, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today announced that it has closed the acquisition of Svenska Petroleum Exploration AB ("Svenska"), an exploration and production ("E&P") company based in Stockholm, Sweden (the "Acquisition"). As previously disclosed, Svenska's primary asset is a 27.39% non-operated working interest in the deepwater producing Baobab field in Block CI-40, offshore Cote d'Ivoire in West Africa. Net purchase pric ...