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VAALCO Energy Schedules 2008 Second Quarter Earnings Release and Conference Call

August 4, 2008

HOUSTON, Aug. 4 /PRNewswire-FirstCall/ — VAALCO Energy, Inc. today announced that it will issue a press release regarding its second quarter 2008 financial results on Monday, August 11, 2008 after market close. The Company will host a conference call to discuss these results on Tuesday, August 12, 2008 at 10:00 a.m., Eastern Time (9:00 a.m. Central Time).

Interested parties may participate in the call by dialing 1-888-428-4478 or from international locations 1-651-291-0900. The confirmation code is 956406. An audio replay will be available beginning approximately one hour after the end of the conference call through September 11, 2008 by dialing 1-800-475-6701 (international 1-320-365-3844), access code: 956406.

About VAALCO

VAALCO Energy, Inc. is a Houston based independent energy company principally engaged in the acquisition, exploration, development and production of crude oil. VAALCO’s strategy is to increase reserves and production through the exploration of oil and natural gas properties with high emphasis on international opportunities. The Company’s properties and exploration acreage are located primarily in Gabon and Angola, West Africa.

VAALCO Energy, Inc.

CONTACT: Barrett Golden or Tim Lynch, both of Joele Frank, WilkinsonBrimmer Katcher, for VAALCO Energy, Inc., +1-212-355-4449; or Investors, W.Russell Scheirman, +1-713-623-0801, for VAALCO Energy, Inc.




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