 HOUSTON, March 18, 2021 GLOBE NEWSWIRE -- VAALCO Energy, Inc. NYSE: EGY; LSE: EGY VAALCO or the Company today announced that Elizabeth Prochnow, its Chief Financial Officer, has elected to retire effective March 31, 2021. Ms. Prochnows departure is not related to any issues regarding strategy, financial disclosures, accounting or legal matters, or any disagreements with management or the Board. The Company has initiated an executive search to fill the Chief Financial Officer position. Following Ms. Prochnows retirement, Jason J. Doornik, VAALCOs Chief Accounting Officer and Controller, will serve as principal financial officer until a new Chief Financial Officer has been named. 