11th Dec 2024 14:08
Vaalco Energy Inc - Canada and Africa-focused hydrocarbon explorer - Signs contract with Borr Drilling Limited affiliate to secure rig for drilling programme in Gabon. The contract includes the drilling of multiple development and exploration wells. The drilling programme will begin in mid-2025
"We are excited about the major projects planned for 2025 that are expected to deliver a step-change in organic growth across our portfolio in the coming years," says Chief Executive Officer George Maxwell.
Current stock price: 416.00 pence each in London on Wednesday afternoon
12-month change: up 16%
By Lydia Doye, Alliance News reporter
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