VAALCO Pivots Drilling Plan After Encountering Water-Bearing Reservoir

Key Takeaways EGY finished drilling the ET-14P exploration well, but it encountered a water-bearing reservoir.VAALCO found about 10 meters of Gamba sands, aligned with the pre-drill geological expectations.EGY plans to drill the ET-14H development well toward a proven Etame area, with completion expected in April.VAALCO Energy (EGY) , an independent exploration and production company, has recently finished drilling the ET-14P exploration well at the Etame field, which was part of its Phase Three drilling pr ...