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Vaalco Energy gets $19M from Angolan partner, to delay filing 10-K

Mar. 15, 2016 11:49 AM ETVAALCO Energy, Inc. (EGY) StockBy: Carl Surran, SA News Editor
  • Vaalco Energy (NYSE:EGY -4.1%) gives up early gains that followed news it had received $19M cash from its partner in Angola, Sonangol P&P, which represents the full amount due for its share of past costs outstanding, including interest, at Dec. 31.
  • EGY says it will temporarily delay the filing of its financial statements to reflect the development.

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