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Vaalco Energy drilled a new well in Gabon, boosted output to 2,000 bpd, and advanced exploration, while developing the Kossipo field in Côte d’Ivoire with production set for Q2 2026.
Vaalco Energy completed the Etame 15H-ST development well in Gabon, achieving 2,000 barrels of oil per day with a 38% water cut, and is advancing a nearby exploration well with a 57% success chance, expected to reach target depth by mid-March.
In Côte d’Ivoire, the company, as operator with a 60% stake, is developing the Kossipo field, with up to 293 million barrels of oil equivalent in place, aiming to finalize a development plan by late 2026.
The Baobab Ivorien FPSO is set to return by late March, with production expected to begin in Q2 2026.
CEO George Maxwell reaffirmed the company’s goal of 225% organic production growth by 2030.
Vaalco Energy perforó un nuevo pozo en Gabón, aumentó la producción a 2,000 bpd y avanzó la exploración, mientras desarrollaba el campo de Kossipo en Costa de Marfil con producción programada para el segundo trimestre de 2026.