25th Jun 2020 16:56
Vaalco Energy Inc - energy firm based in the US state of Texas - Production guidance for the second quarter of 2020 and full-year remains unchanged despite the pandemic. The company previously said it expects output for the second quarter to be between 5,000 and 5,400 barrels of oil per day. Production for the quarter to the end of March was 4,944 bopd at a net revenue interest, which is at the high end of first quarter guidance at between 4,700 to 5,000 barrels per day. Cash as at end of March totalled USD61.0 million.
Current stock price: 100 pence
Year-to-date change: down 34%
By Ife Taiwo; [email protected]
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