Annual report pursuant to Section 13 and 15(d)

Commitments And Contingencies (Tables)

v3.3.1.900
Commitments And Contingencies (Tables)
12 Months Ended
Dec. 31, 2015
Commitments And Contingencies [Abstract]  
Estimated Obligations and Companies Share for the Annual Charter Payment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Full

 

 

 

 

 

Charter

 

VAALCO

(in thousands)

 

Payment

 

Net

Year

 

 

 

 

 

 

2016

 

$

30,168 

 

$

8,469 

2017

 

 

30,086 

 

 

8,446 

2018

 

 

30,086 

 

 

8,446 

2019

 

 

30,086 

 

 

8,446 

2020

 

 

30,168 

 

 

8,469 

Total

 

$

150,594 

 

$

42,276 

 

Operating Lease Obligations for Rentals

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

 

VAALCO

(in thousands)

 

Obligation

 

Net

Year

 

 

 

 

 

 

2016

 

$

11,651 

 

$

3,850 

2017

 

 

5,153 

 

 

1,766 

2018

 

 

1,423 

 

 

694 

2019

 

 

407 

 

 

407 

2020

 

 

340 

 

 

340 

Thereafter

 

 

 -

 

 

 -

Total

 

$

18,974 

 

$

7,057