24 July 2008director interest notice● Neutral
VAALCO ENERGY INC /DE/ director Frederick W Brazelton bought 5,000 shares on the open market at $6.33.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 July 2008director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Executive Officer Robert L Gerry III gifted 8,402 shares.
2 July 2008director interest notice● Neutral
Frederick W Brazelton became a VAALCO ENERGY INC /DE/ director and company insider (initial ownership filing).
1 July 2008director officer appointment● Neutral
VAALCO appointed Frederick W. Brazelton, an independent director, to its board.
2 June 2008substantial holder notice● NeutralMajor
Nanes Delorme Partners reduced its VAALCO stake to 4.8% (2.86 million shares), selling down shortly after settling its proxy contest with the company.
28 May 2008material agreement● NeutralMajor
VAALCO settled a shareholder proxy fight with Nanes Delorme Partners by agreeing to add an independent director with private equity/hedge fund experience.
27 May 2008substantial holder notice● Neutral
Nanes Delorme Partners settled with VAALCO on May 23, 2008 and withdrew its three director nominations. VAALCO agreed to add one independent board seat, declassify the board in 2009 and hire a new CFO. The stake stayed at 4.7 million shares (7.9%).
14 May 2008other material event▼ BadMajor
VAALCO sued activist investors Nanes Delorme Partners and Pilatus Energy for federal securities law violations amid a 2008 proxy contest - the same investor group whose dispute was settled by the end of that month.
8 May 2008substantial holder notice● Neutral
Nanes Delorme Partners filed a definitive proxy statement to elect its three nominees at VAALCO's June 4, 2008 annual meeting. Its 4.7 million shares were reported as 7.9% of the 59,194,182 shares outstanding.
14 Apr 2008substantial holder notice● Neutral
Nanes Delorme Partners nominated Julien Balkany, Leonard Toboroff and Clarence Cottman III for VAALCO's board at the 2008 annual meeting. It held 4.7 million shares, about 8.0% of VAALCO.
14 Mar 2008annual report● Neutral
VAALCO's 2007 annual report said its Gabon fields produced about 7.4 million barrels (1.8 million net) during 2007. It also said the first North Sea well was suspended as non-commercial and a second well was planned for 2008.
12 Mar 2008substantial holder notice● NeutralMajor
Nanes Delorme Partners disclosed an 8% activist stake in VAALCO (4.7 million shares) - the investor group that later settled a proxy contest with the company in May 2008.
7 Feb 2008other material event● Neutral
VAALCO signed a farm-in agreement with Century Exploration (UK) Ltd. to earn a 25% working interest in a North Sea exploration well (Block 48/25c) by paying part of its roughly $20 million cost.
29 Jan 2008substantial holder notice● Neutral
Columbia Wanger Asset Management reported a 6.18% stake in VAALCO (3.65 million shares).
24 Jan 2008other material event● Neutral
VAALCO reported that its North Sea 9/28b-19A well found a 105-foot oil column but smaller reserves than expected, and was suspended. It also gave updates on a planned Southern Gas Basin well and its Gabon and Angola drilling.
22 Jan 2008substantial holder notice● Neutral
BARCLAYS GLOBAL INVESTORS, NA. and 1 other reported a VAALCO ENERGY INC /DE/ shareholding of 1,677,005 shares (2.84% of votes) in a periodic institutional filing.
12 Dec 2007bylaws amendment● Neutral
VAALCO amended its bylaws to allow uncertificated shares, enabling participation in the Direct Registration System for holding stock without paper certificates.
12 Dec 2007director interest notice● Neutral
CEO Robert Gerry III exercised non-qualified options for 666,667 shares at $1.16, lifting his direct holding to 1,475,998 shares.
4 Dec 2007other● Neutral
A confidential SEC staff letter, part of a routine filing review; its specific subject can't be determined from EDGAR's public index (the document is a scanned PDF with no paired company response nearby).
16 Nov 2007director interest notice● Neutral
Corporate Secretary Gayla Cutrer exercised options for 41,667 shares at $1.16 and sold the same 41,667 shares at $4.71, leaving her with 17,510 shares.