VAALCO Energy, Inc. (NYSE:EGY) Q4 2022 Earnings Conference Call April 6, 2023 10:00 AM ET
Company Participants
Al Petrie - Investor Relations Coordinator
George Maxwell - Chief Executive Officer
Ron Bain - Chief Financial Officer
Conference Call Participants
Stephane Foucaud - Auctus Advisors
Jeffrey Robertson - Water Tower Research
Charlie Sharp - Canaccord Genuity
Bill Dezellem - Tieton Capital
Operator
Good morning and welcome to the VAALCO Energy Fourth Quarter and Full Year 2022 Earnings Conference Call. [Operator Instructions] Please also note that this event is being recorded today.
I would now like to turn the conference over to Al Petrie, Investor Relations Coordinator. Please go ahead, sir.
Al Petrie
Thank you, operator. Welcome to VAALCO Energy's fourth quarter and full year 2022 conference call. After I cover the forward-looking statements, George Maxwell, our CEO, will review key highlights of the fourth quarter and full year 2022. Ron Bain, our CFO, will then provide a more in-depth financial review. George will then return for some closing comments before we take your questions.
During our question-and-answer session, we ask you to limit your questions to one and a follow-up. You can always re-enter the queue with additional questions. I'd like to point out that we posted a supplemental investor deck on our website that has additional financial analysis, comparisons and guidance that should be helpful. With that, let me proceed with our forward-looking statement comments.
During the course of this conference call, the company will be making forward-looking statements. Investors are cautioned that forward-looking statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. VAALCO disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Accordingly, you should not place undue reliance on forward-looking statements. These and other risks are described in our earnings release the presentation posted on our website and in the reports we file with the SEC, including our Form 10-K. Please note that this conference call is being recorded. Let me turn the call over to George.
George Maxwell
Thank you, Al. Welcome to our fourth quarter and full year 2022 earnings conference call. 2022 was truly a transformational year for VAALCO that saw us generate record financial results, successfully complete multiple high-impact operational projects, close an acquisition that nearly doubled production, diversify our asset base and increase SEC proved reserves by 150%.