VAALCO Energy Acquires 70% Stake, Operatorship of CI-705 Block in Offshore Cote D'Ivoire

MT Newswires Live

2025/03/03

VAALCO Energy (EGY) said Monday it acquired a 70% interest in and the operatorship of the CI-705 oil exploration block located in offshore Cote D'Ivoire for a $3 million investment.

In partnership with Ivory Coast Exploration Oil & Gas and PETROCI, VAALCO gained the working interest alongside a 100% paying interest in the block, the company said.

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