| | Business Summary | | Vaalco
Energy,
Inc.
is
an
independent
energy
company
principally
engaged
in
the
acquisition,
exploration,
development
and
production
of
crude
oil
and
natural
gas.
Vaalco
owns
producing
properties
and
conducts
exploration
activities
as
operator
of
consortiums
internationally
in
the
Philippines
and
Gabon.
Domestically,
the
Company
has
interests
in
the
Texas
Gulf
Coast
area.
Vaalco's
Philippine
subsidiaries
include
Alcorn
(Philippines)
Inc.,
Alcorn
(Production)
Philippines
Inc.
and
Altisima
Energy,
Inc.
Vaalco's
Gabon
subsidiaries
are
Vaalco
Gabon
(Etame),
Inc.,
Vaalco
Production
(Gabon),
Inc.
and
Vaalco
Energy
(Gabon),
Inc.
Vaalco
Energy
(USA),
Inc.
holds
interests
in
certain
properties
located
in
the
United
States. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Vaalco
Energy,
Inc.
is
a
Houston-based
independent
energy
company
principally
engaged
in
the
acquisition,
exploration,
development
and
production
of
crude
oil
and
natural
gas.
For
the
six
months
ended
6/30/01,
revenues
rose
35%
to
$1
million.
Net
loss
fell
90%
to
$342
thousand.
Revenues
reflect
higher
crude
oil
production
volumes
and
a
gain
on
assets
sale.
Lower
loss
also
reflects
the
absence
of
exploration
expense
and
lower
equity
losses. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY2000 Pay | |
| Robert Gerry III, 63
Chairman,
CEO | $335K | W. Russell Scheirman, 45
Pres,
CFO, Director | 220K | Virgil Walston, Jr., 66
Vice
Chairman, COO | 144K | | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/v/veix.ob.gif)