We are 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.

Weiss Law is investigating whether (i) VAALCO’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration and percentage of ownership is fair to VAALCO’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.