VAALCO Energy Enters $300 Million Credit Facility

MT Newswires Live

2025/03/05

VAALCO Energy (EGY) said Wednesday that it has entered a new six-year revolving credit facility with an initial commitment of $190 million, which can go up to $300 million.

The company said it arranged the new facility primarily to provide short-term funding to supplement internally generated cash as it executes its planned investment programs.

The new facility replaces the company's existing undrawn revolving credit facility.

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