VAALCO Energy says executing plan to boost shareholder value VAALCO Energy issued the following statement regarding the letter sent earlier to its Board of Directors from Bradley L. Radoff and Group 42, Inc.: "Our Board of Directors and management team are committed to acting in the best interests of all VAALCO stockholders. Consistent with this commitment, the Board and management team are executing a strategic plan that we believe will drive enhanced stockholder value and ensure that VAALCO successfully moves through what is currently one of the most challenging environments for the oil and gas industry. As a matter of course, we maintain an open dialogue with current and prospective investors. Although we received no response to our most recent invitation to meet with Bradley L. Radoff and Group 42 to better understand their views, we have had several previous conversations with Bradley L. Radoff and Group 42. We welcome constructive input from our stockholders on how we can create additional value."