Offshore Drilling

Vaalco's ETSEM-3H Well Flows 2,000 BOPD, Closing Gabon Phase 3

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Vaalco's ETSEM-3H Well Flows 2,000 BOPD, Closing Gabon Phase 3

Houston – October 12, 2026 -- Vaalco Energy's ETSEM-3H development well offshore Gabon has stabilized at about 2,000 gross barrels of oil per day (BOPD), or 1,140 BOPD net to the company, completing the Phase 3 drilling program.

ETSEM-3H hits 300 meters of net pay in SE Etame attic position

The well was drilled, completed and placed on production in an attic position within the SE Etame field. Its lateral wellbore penetrated 300 meters of net pay in high-quality Gamba reservoir sands. ETSEM-3H is the final well of the Phase 3 campaign.

The Borr Norve drill rig has been demobilized from the field.

Vaalco starts Baobab Phase 5 drilling offshore Côte d'Ivoire

Operations in the Baobab Phase 5 campaign have begun, with the operator batch-setting top-holes. Once the top-hole sections of all wells are drilled, the wells will be completed and placed on production sequentially.