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VAALCO Energy, Inc. Names Thor Pruckl Chief Operating Officer

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VAALCO Energy, Inc. (NYSE: EGY) announced the promotion of Thor Pruckl to Chief Operating Officer, effective November 14, 2022. Pruckl brings over 30 years of experience in international and domestic energy operations, having previously served as Executive Vice President, International Operations at VAALCO. CEO George Maxwell praised Pruckl's contributions and expertise in global onshore and offshore developments. This leadership change follows VAALCO's recent business combination with TransGlobe, enhancing its portfolio across Gabon, Egypt, Equatorial Guinea, and Canada.

Positive
  • Promotion of Thor Pruckl to COO, expected to enhance operational leadership.
  • Pruckl's extensive experience in international energy operations supports growth.
  • Strengthened position following business combination with TransGlobe.
Negative
  • None.

HOUSTON, Nov. 14, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced the promotion of Thor Pruckl to Chief Operating Officer. Mr. Pruckl has over 30 years of international and domestic development, exploration, production and midstream experience in both onshore and offshore energy operations.

George Maxwell, Chief Executive Officer, commented, “Thor has been an integral part of our success at VAALCO over the past several years, which is evident with the Board’s decision to promote him to Chief Operating Officer. We are very excited to have Thor leading our newly expanded and diversified operations across Gabon, Egypt, Equatorial Guinea and Canada. He has significant experience internationally in both onshore and offshore development, which makes him an ideal fit to lead our operational team moving forward.”

About Thor Pruckl

Thor Pruckl joined VAALCO in 2019 as Executive Vice President, International Operations to oversee activities in West Africa, Equatorial Guinea and Angola. Prior to VAALCO, Mr. Pruckl served as Manager and Vice President of Equatorial Guinea for Noble Energy. Prior to Noble, Mr. Pruckl led multiple teams for several energy industry companies in Canada, Papua New Guinea, Yemen and Sudan. He has over 30 years of domestic and international experience in both upstream and midstream operations and is well versed in both onshore and offshore operations from the seismic phase through drilling and production.

Mr. Pruckl holds an undergraduate degree in agriculture from the University of Saskatchewan, Canada and a Masters degree in organizational leadership from Royal Roads University, Canada. Mr. Pruckl is a long-standing member of the Society of Petroleum Engineers.

About VAALCO

VAALCO, founded in 1985 and incorporated under the laws of Delaware, is a Houston, USA based, independent energy company with production, development and exploration assets in Africa and Canada.

Following its business combination with TransGlobe in October 2022, VAALCO owns a diverse portfolio of operated production, development and exploration assets across Gabon, Egypt, Equatorial Guinea and Canada.

For Further Information

  
VAALCO Energy, Inc. (General and Investor Enquiries)+00 1 713 623 0801
Website:www.vaalco.com
  
Al Petrie Advisors (US Investor Relations)+00 1 713 543 3422
Al Petrie / Chris Delange 
  
Buchanan (UK Financial PR)+44 (0) 207 466 5000
Ben Romney / Jon KrinksVAALCO@buchanan.uk.com

FAQ

What recent leadership change occurred at VAALCO Energy (EGY)?

VAALCO Energy promoted Thor Pruckl to Chief Operating Officer on November 14, 2022.

Who is the new COO of VAALCO Energy (EGY)?

Thor Pruckl has been promoted to Chief Operating Officer of VAALCO Energy.

What experience does Thor Pruckl have relevant to his new role at VAALCO (EGY)?

Thor Pruckl has over 30 years of experience in both onshore and offshore energy operations.

How does Thor Pruckl's promotion affect VAALCO Energy (EGY) operations?

Pruckl's promotion is expected to enhance operational leadership across VAALCO's expanded portfolio.

What are the new operational areas for VAALCO Energy (EGY) after the merger with TransGlobe?

VAALCO's operations now cover Gabon, Egypt, Equatorial Guinea, and Canada.

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