Vaalco sets out opportunities and appetites

vaalco opportunities appetites wells production
  • Date: 14-May-2021
  • Source: Energy Voice
  • Sector: Oil & Gas
  • Country: Gulf
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Vaalco sets out opportunities and appetites

Vaalco Energy has a new CEO and a strategy that aims to place the company among its West Africa-focused peers on the London market.

“We need to be seen to be there,” CEO George Maxwell told Energy Voice. The company’s two listings, in the US and UK, is a “significant strength,” he said. “There is an exciting opportunity to grow to a considerable size. Opportunities abound for us – and we have the appetite.”

Maxwell was previously CEO at Eland Oil and Gas, sold to Nigeria’s Seplat Petroleum Development in 2019.

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