This significant investment will position Vaalco Energy to secure new oil concessions from Gabonese authorities,driving production growth and generating increased petroleum revenues.As stated by Vaalco Energy , the company is committed to maintain its pivotal role and the growth and development of Gabon's hydrocarbon sector .The planned drilling ,will boost production capacity while cementing the company's status as a major player in Gabon's oil sector . Notes that, Vaalco ranks among the top 10 oil producers in Gabon , producing around 16000 barrels of oil per day.With over two decades of presence in Gabon , the US-based firm (Vaalco ) boast a production record of over 140 million barrels of crude oil .

Christelle koambi