03:41 AM EST, 03/05/2025 (MT Newswires) -- VAALCO Energy ( EGY ) said Wednesday that it has entered a new six-year revolving credit facility with an initial commitment of $190 million, which can go up to $300 million.

The company said it arranged the new facility primarily to provide short-term funding to supplement internally generated cash as it executes its planned investment programs.

The new facility replaces the company's existing undrawn revolving credit facility.