VAALCO Energy Forecasts Q4 2026 Production Growth Amid Venus Project Progress
VAALCO Energy (EGY) reported a significant increase in production for Q3 2026, with Net Revenue Interest (NRI) barrels of oil per day rising by over 20% quarter-over-quarter to reach approximately 20,100 BOE/d. This growth sets a strong foundation for the company's upcoming quarterly outlook. Looking ahead to Q4 2026, the company forecasts NRI sales to increase further to a range of 21,000 to 22,800 BOE/d. Additionally, management remains focused on the Venus project, targeting a Final Investment Decision (FID) before the end of 2026, which serves as a key long-term growth driver for the firm.
Tickers: $EGY
Topics: earnings oil production quarterly results
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Part of the story Vaalco forecasts Q4 2026 NRI sales of 21,000 to 22,800 BOE/d as Venus FID remains targeted before year-end 2026 (2 articles)