SHAREHOLDER ALERT: Weiss Law Investigates VAALCO Energy, Inc.

NEW YORK, July 14, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of VAALCO Energy, Inc. ("VAALCO" or the "Company") (NYSE: EGY), in connection with the Company's proposed acquisition of TransGlobe Energy Corporation ("TransGlobe") (NASDAQ: TGA). Under the merger agreement, the Company will acquire each TransGlobe share for 0.6727 of a VAALCO common share, leaving VAALCO shareholders owning approximately 54.5% and TransGlobe shareholders owning approximately 45.5% of the combined company upon closing of the transaction. The stock-for stock transaction is valued at approximately $307 million.

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