On October 20, 2022, VAALCO Energy, Inc. announced that Matthew Powers has joined the company's senior leadership as Executive Vice President and General Counsel. Mr. Powers has nearly 20 years of legal experience with a focus on energy, and direct experience working on projects in Africa, including in Gabon and Egypt. Matthew Powers joined the company in October 2022 as Executive Vice President and General Counsel.

Prior to VAALCO, Mr. Powers served as Executive Vice President and General Counsel of ION Geophysical Corporation. In his nine years at ION, Mr. Powers worked extensively on projects throughout the world, with a particular focus on Africa. Prior to ION, Mr. Powers served for several years in both transactional and litigation groups at Sidley Austin LLP, Mayer Brown LLP and Duane Morris LLP.

His wide-ranging experience includes contract law, SEC compliance, M&A, dispute resolution and litigation oversight. Mr. Powers has an A.B. in Economics from the University of Colorado, Denver and a Juris Doctor from the University of Chicago Law School. Mr. Powers is a member of the State Bar of Texas.