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Vaalco Energy shares rise 1.18% after-hours as Gabon's Oil & Gas Minister joins Angola Oil & Gas conference.
ByAinvest
Monday, Jul 7, 2025 7:04 pm ET1min read
Vaalco Energy, Inc. rose 1.18% in after-hours trading, with Gabon's Minister of Oil & Gas, Sosthene Nguema Nguema, joining the Angola Oil & Gas conference as a keynote speaker. This event highlights Gabon's strategic shift towards deepwater exploration and production, aiming to increase its oil production to 220,000 barrels per day. This news is positive for Vaalco Energy, Inc., as Gabon offers lucrative opportunities for frontier explorers and significant experience in deepwater production.
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