Form 8-K




Washington, D.C. 20549



FORM 8-K    



Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 20, 2017 



VAALCO Energy, Inc.

(Exact name of registrant as specified in its charter)





















(State or other jurisdiction

of incorporation)



File Number)


(IRS Employer

Identification No.)


9800 Richmond Avenue, Suite 700

Houston, Texas



(Address of principal executive offices)


(Zip Code)


Registrant’s telephone number, including area code: (713) 623-0801

Not Applicable

(Former Name or former address if changed since last report.)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))



Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 2.03Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

As previously announced, on March 14, 2017, the International Finance Corporation (IFC) approved the request made by VAALCO Gabon (Etame), Inc., as novated, VAALCO Gabon S.A., (the Subsidiary) to borrow $4,166,500 of additional funds under its Supplemental Agreement with the IFC which was executed June 29, 2016.  The Subsidiary received these funds on March 20, 2017. The Additional Term Loan amount shall be amortized in substantially equal quarterly installments through June 30, 2018, but shall otherwise be subject to the same terms and conditions as the currently outstanding Term Loan.





Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


VAALCO Energy, Inc. 




Date:  March 20, 2017 

By:/s/ Elizabeth D. Prochnow 

Name: Elizabeth D. Prochnow 

Title:Controller and Chief Accounting Officer