Investor Relations

Latest Financial Results

Aug 6, 2026 • 4:30 PM EDT

Q2 2026 Quarterly Results

Quarter Ended Jun 30, 2026

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16,688
<p>Production of 16,688 NRI<sup>(1)</sup> BOEPD or 21,796 working interest (“WI”)<sup>(2)</sup> BOEPD</p>
$54.8M
<p>Generated Adjusted EBITDAX<sup>(3)</sup> of $54.8 million</p>
$30.4M
<p>Unrestricted cash balance of $30.4 million.</p>

For complete information regarding our financials, see our periodic filings

1. All NRI sales and production rates are Vaalco's working interest volumes less royalty volumes, where applicable.

2. All WI production rates and volumes are Vaalco's working interest volumes, where applicable.

3. Adjusted EBITDAX, Adjusted Net Income (Loss), Free Cash Flow and Net Debt are Non-GAAP financial measures and are described and reconciled to the closest GAAP measure in the attached table under “Non-GAAP Financial Measures.”

Source Q2 2026 Earnings Press Release

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Latest Financial Results

Q2 2026

Quarter Ended Jun 30, 2026

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16,688
<p>Production of 16,688 NRI<sup>(1)</sup> BOEPD or 21,796 working interest (“WI”)<sup>(2)</sup> BOEPD</p>
$54.8M
<p>Generated Adjusted EBITDAX<sup>(3)</sup> of $54.8 million</p>
$30.4M
<p>Unrestricted cash balance of $30.4 million.</p>

For complete information regarding our financials, see our periodic filings.

1. All NRI sales and production rates are Vaalco's working interest volumes less royalty volumes, where applicable.

2. All WI production rates and volumes are Vaalco's working interest volumes, where applicable.

3. Adjusted EBITDAX, Adjusted Net Income (Loss), Free Cash Flow and Net Debt are Non-GAAP financial measures and are described and reconciled to the closest GAAP measure in the attached table under “Non-GAAP Financial Measures.”

Source Q2 2026 Earnings Press Release

For Fiscal Year Ending Dec 31, 2025

Latest Annual Report

For Fiscal Year Ending Dec 31, 2025

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Driving Global E&P Growth and Sustainability

Founded in 1985, Vaalco Energy is a Texas-based a leading African-focused oil & gas operating company with a strong production and reserve base and a diverse portfolio of assets in Côte d'Ivoire, Egypt, Equatorial Guinea and Gabon. Through operational excellence, sustainable practices and a deep understanding of the regions we operate in, we strive to maximize shareholder value and deliver positive impact for our wider stakeholders.

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Vaalco Energy at a Glance

1985

Founded

5

Areas of Operation

21,160 BOEPD

Working Interest Production

As of Dec. 31, 2025 • 2025 Annual Report

Crude Oil Reserves in FY 2025

Net Proved Reserves

(in millions of BOE)

Year Amount
2022 27900000
2023 28600000
2024 45000000
2025 43000000

As of Dec. 31, 2025 • 2025 Annual Report

MMBOE - Millions Of Barrels Of Oil Equivalent

Working Interest Production

(in barrels of oil equivalent)

Year Amount
2022 12177
2023 23946
2024 24738
2025 21160

As of Dec. 31, 2025 • 2025 Annual Report

MMBOE - Millions Of Barrels Of Oil Equivalent

For complete information regarding our financials, see our periodic filings.

Pioneering Sustainable Principles

We are deeply committed to the ESG principles that guide our business practices and operations. Our dedication is fueled by our growth trajectory, operational excellence, and shareholder value creation.

Learn More About Our ESG

Drill Down Deeper into Our Operations

Côte d'Ivoire

<p>We diversified our portfolio by entering Côte d'Ivoire in 2024. We acquired a 27.4% non-operated working interest in Block CI-40, offshore Côte d’Ivoire, containing the deepwater producing Baobab field and the significant Kossipo discovery.</p>

View Our Côte d'Ivoire Operations

Egypt

<p>In Egypt, our operations span two distinct regions: the Eastern Desert and the Western Desert. The Eastern Desert merged concession covers approximately 45,067 acres, while the South Ghazalat concession in the Western Desert encompasses around 7,340 acres.</p>

View Our Egypt Operations

Gabon

<p>Vaalco holds a 58.8% working interest in and operates the Etame Marin block, located offshore Gabon.</p>

View Our Gabon Operations

Equatorial Guinea

<p>Vaalco holds a 60% working interest in and is the operator of Block P, located offshore Equatorial Guinea. Block P contains the Venus field development opportunity, along with further material contingent and prospective resource.</p>

View Our Equatorial Guinea Operations

IR Contacts

Corporate Office

Vaalco Energy
2500 Citywest Blvd
Suite 400
Houston, TX 77042
T: +1 713 623 0801

Investor Relations

Al Petrie Advisors
(US Investor Relations)
T: +1 713-543-3422
apetrie@vaalco.com

Buchanan
(UK PR)
T: +44 (0) 207 466 5000
vaalco@buchanan.uk.com

Transfer Agent

Computershare
462 South 4th Street
Suite 1600
Louisville, KY 40202
T: +1 781-575-3100