VAALCO Announces Letter of Intent for FSO at Etame
We will continue working to finalize an agreement with Omni that will be mutually beneficial for all parties.
- We will continue working to finalize an agreement with Omni that will be mutually beneficial for all parties.
- The proposed development approach utilizing an FSO and processing on existing platforms aligns with VAALCO\xe2\x80\x99s ongoing strategy to reduce operating costs and extend field life.
- These savings are achieved due to a more simplified processing system that avoids duplication of processing on the platforms and again on the FSO.
- 596/2014 on market abuse (\xe2\x80\x9cMAR\xe2\x80\x9d) and is made in accordance with the Company\xe2\x80\x99s obligations under article 17 of MAR.\n'