Vaalco Energy is a Houston-based independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas. Vaalco's strategy is to increase reserves and production through the exploration and development of oil and gas properties with a high emphasis on international opportunities. The company's properties and exploration acreage are located primarily in Gabon, Equatorial Guinea, Cote d'Ivoire, Egypt, as well as Canada.
Cairn Energy PLC ('Cairn') is one of Europe's leading independent oil and gas exploration and production companies and is listed on the London Stock Exchange. Cairn has discovered and developed oil and gas reserves in a variety of locations around the world. The company historically focused its activities on the geographic region of South Asia where it operated for more than 20 years.
Cairn’s strategy is to create, add and realise value for shareholders from a balanced portfolio of exploration, development and production assets. Our exploration portfolio is primarily in frontier and emerging basins in West Africa and the North Atlantic which offer the greatest value potential, funded from producing assets in the North Sea along with balance sheet strength.
We continue to make excellent progress on our strategic objectives and are well-positioned to deliver ongoing success. We have created a strong platform for future growth with active positions in various geographies providing significant acreage of both technical and commercial value.
A key focus is Senegal where eleven wells have been drilled in three years. Following two basin opening discoveries, SNE-1 and FAN-1, in 2014 and approval of an extensive appraisal plan by the Government of Senegal in 2015, Cairn and its partners successfully completed a further four exploration and appraisal wells ahead of schedule and under budget in 2016.
The third phase of drilling took place in 2017, completing the appraisal activity for the development of SNE. The JV has passed the development concept for the SNE field and is aligned on a phased and cost effective development plan.
In addition to Senegal, Cairn has key interests offering the potential for material discoveries and high prospectivity with new licences recently acquired in Norway, Mexico, Suriname and the UK, with drilling expected in 2018-2020.
In the UK and Norway, Cairn has high quality assets; the Kraken and Catcher developments are two of the largest development projects in the UK North Sea. Alongside the planned Nova development in Norway, these three projects are a key part of Cairn’s strategy to build steady future cash flows to sustain future exploration.
Cairn has its headquarters in Edinburgh, Scotland supported by operational offices in London, Norway, Senegal and Mexico.
Established in 2007, Energean is a London-listed FTSE 250 and Tel Aviv-listed TA-90 E&P company with operations in the Europe, Middle East and Africa (“EMEA”) region. Since IPO in 2018, Energean has grown from its foundations in Greece, to become the largest independent E&P operator in the East Mediterranean, with production exceeding 180 Kboe/d in 2025. We have developed into a long-term upstream operator, with 2P reserves of around one billion boe and a reserves life of 18 years.
Energean is a full-cycle E&P Company, with over 18 years of operating experience across eight countries. Our flagship Karish and Karish North developments were brought safely onstream in October 2022 and February 2024 respectively. 81% of Energean’s 2025 production was underpinned by long-term gas contracts in Israel, which have a weighted-average life of 13 years, and Egypt; containing floor pricing and take-or-pay or exclusivity provisions, which ensures a base level of cash flow predictability.
Establishing itself as a safe, efficient and trusted operator for host countries and stakeholders, Energean has a wealth of upstream experience, spanning the full exploration and production value chain, from full deepwater developments to decommissioning of late life assets. Energean is focused on running safe and reliable operations and is committed to achieving net zero emissions by 2050 and to reducing its non-routine flaring and methane emissions.
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