 HOUSTON, Nov. 17, 2020 GLOBE NEWSWIRE -- VAALCO Energy, Inc. NYSE: EGY; LSE: EGY VAALCO or the Company today announced that it has signed a sale and purchase agreement SPA to acquire Sasol Gabon S.A.s Sasols 27.8 working interest1 in the Etame Marin block offshore Gabon. Since VAALCO currently owns and operates a 31.1 working interest1 in Etame, the transaction will almost double VAALCOs total production and reserves. In addition, VAALCO is acquiring Sasols 40 non-operated participating interest1 in Block DE-8 offshore Gabon. 