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Ultra Petroleum is a leading independent energy company actively engaged in the exploration and production of oil and natural gas. We are uniquely focused on delivering profitable growth and consistent, sustainable financial performance.
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VAALCO employs nearly one hundred people in total on two continents. About half of this number is located in Gabon supporting our exploration and production activities. In Angola, VAALCO employs approximately ten people taking care of the exploration and administrative matters in that country. The Houston headquarters employs approximately thirty people of whom nearly twenty are highly experienced technical staff with disciplines in production engineering, reservoir engineering, facilities engineering, civil and electrical engineering, geology, geophysics, and drilling.
We are a publicly traded limited liability company focused on the acquisition and development of mature, long-lived oil and natural gas properties. Our primary business objective is to generate stable cash flows allowing us to make monthly cash distributions to our unitholders, and over time to increase our monthly cash distributions. Our properties are located in the Permian Basin in West Texas and New Mexico, the Big Horn Basin in Wyoming and Montana, the Arkoma Basin in Arkansas and Oklahoma, the Williston Basin in North Dakota and Montana, Mississippi, and South Texas.
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