Vaalco Energy EGY Gabon — Exploration expense
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Where this comes from
Reported directly by Vaalco Energy in its filing.
Tagged under the XBRL concept us-gaap:ResultsOfOperationsExplorationExpense.
The official record: Vaalco Energy’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Vaalco Energy's gabon — exploration expense?
- Vaalco Energy (EGY) reported gabon — exploration expense of $22.19M in Q1 2026.
- What is the long-term trend for Vaalco Energy's gabon — exploration expense?
- Over 4 years (2021 to 2025), Vaalco Energy's gabon — exploration expense has grown at a 24.5% compound annual growth rate (CAGR), from $1.58M to $3.8M.
- What does gabon — exploration expense mean?
- This metric represents the costs incurred for geological and geophysical studies, exploratory drilling, and other activities aimed at identifying new oil and gas reserves within a segment. It reflects the company's commitment to long-term resource replacement and growth. High levels of exploration expense indicate an aggressive strategy to expand the asset base, though it carries inherent financial risk.