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Agreement signedPublished 10 Feb 2026

Petrus Resources Corp. /
VAALCO Energy Canada, Inc.

Petrus Resources to purchase VAALCO Energy Canada assets

Buy side: Petrus Resources Corp.
Buy sidePetrus Resources Corp.
Target: VAALCO Energy Canada, Inc.
TargetVAALCO Energy Canada, Inc.
VAALCO Energy, Inc. · 10 Feb 2026Source
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Buy side: Petrus Resources Corp.
Buy sidePetrus Resources Corp.
Target: VAALCO Energy Canada, Inc.
TargetVAALCO Energy Canada, Inc.
01 / BuyerPetrus Resources Corp.
02 / TargetVAALCO Energy Canada, Inc.
Source for the buyer and target: VAALCO Energy, Inc.

For the buyer and target.

“Asset Purchase Agreement, by and among VAALCO Energy Canada, Inc., Petrus Resources Corp., and, solely for the purposes of Section 9.7 therein, Petrus Resources LTD., dated February 4, 2026.”

Published 10 Feb 2026

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01

What happened

Petrus Resources Corp. agreed to purchase substantially all of VAALCO Energy Canada, Inc.’s assets and liabilities. The assets include Canadian land assets and related liabilities. [01]

The agreement provides for approximately $35 million Canadian Dollars (USD $25.6 million) in cash, subject to customary closing adjustments. The sale is expected to close within the next 30 days, subject to customary closing conditions. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · VAALCO Energy, Inc.

Petrus Resources to purchase VAALCO Energy Canada assets

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by VAALCO Energy, Inc.

    The source this page is built from.

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