VAALCO Energy, Inc. provided unaudited production results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, Total WI Crude oil, natural gas and natural gas liquids production was 2,146 MBOE compared to 1,680 MBOE a year ago. Average WI daily production volumes was 23,330 BOEPD compared to 18,262 BOEPD a year ago. Total NRI Crude oil, natural gas and natural gas liquids production was 1,662 MBOE compared to 1,324 MBOE a year ago. Average NRI daily production volumes was 18,065 BOEPD compared to 14,390 BOEPD a year ago.

For the full year, Total WI Crude oil, natural gas and natural gas liquids production was 8,740 MBOE compared to 4,445 MBOE a year ago. Average WI daily production volumes was 23,946 BOEPD compared to 12,177 BOEPD a year ago. Total NRI Crude oil, natural gas and natural gas liquids production was 6,829 MBOE compared to 3,729 MBOE a year ago. Average NRI daily production volumes was 18,710 BOEPD compared to 10,217 BOEPD a year ago.