In a context where Vaalco Energy is deploying a growth strategy in Africa, it is seeking to relaunch production at the Ebouri oil field in Gabon.

Vaalco Energy focuses on the exploitation of deposits close to existing infrastructures and the valorization of abandoned assets. The company is preparing to begin an offshore drilling program in Gabon by the end of the third quarter of 2025. In preparation for this deadline, among other things, it said at the end of last week that it had strengthened its cash position by 24 million dollars in July 2025, bringing its net cash position to 7.9 million dollars at the end of the second quarter

The new campaign will make it possible to drill wells on the Etame and Seent platforms, as well as to carry out new drilling and several reworks on the Ebouri field. Vaalco also plans to re-examine reserves that were previously excluded from the estimates of proven reserves due to the presence of hydrogen sulphur

En réalité, le lancement du programme de forage s' inscrit dans une dynamique de relance de la production au Gabon, où Vaalco Energy a déjà annoncé en April 2025 want to drill holes on the Ebouri field, in order to compensate for the decline in production on the Etame permit