VAALCO Energy secures rig for 2025 drilling campaign in Gabon to boost oil production.

VAALCO Energy has secured a drilling rig from Borr Jack-Up XIV Inc. for its 2025/2026 drilling campaign in Gabon, set to begin mid-2025. The campaign includes plans to drill multiple development and appraisal wells in the Etame, SEENT, and Ebouri fields to enhance production and add reserves. VAALCO's CEO, George Maxwell, expressed optimism about the projects, which are expected to drive significant growth in the coming years.

4 months ago
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