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v3.22.2

Note 3 - Acquisitions and Dispositions (Details Textual) $ / shares in Units, $ in Thousands |  |  |  | 3 Months Ended | 6 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Jul. 13, 2022 USD ($) $ / shares shares | Apr. 29, 2021 USD ($) | Feb. 25, 2021 USD ($) | Jun. 30, 2022 USD ($) shares | Mar. 31, 2022 USD ($) | Jun. 30, 2021 USD ($) | Mar. 31, 2021 USD ($) | Jun. 30, 2022 USD ($) shares | Jun. 30, 2021 USD ($) | Dec. 31, 2022 | Dec. 31, 2021 shares | Feb. 24, 2021 | Nov. 30, 2006
Common Stock, Shares, Outstanding, Ending Balance (in shares) | shares |  |  |  | 59,068,105 |  |  |  | 59,068,105 |  |  | 58,623,451 |  |
Business Combination, Bargain Purchase, Gain Recognized, Amount |  |  |  |  |  |  |  | $ (0) | $ 7,651 |  |  |  |
Revenues, Total |  |  |  | $ 110,985 |  | $ 47,023 |  | 179,641 | 86,797 |  |  |  |
Net Income (Loss) Attributable to Parent, Total |  |  |  | 15,104 | $ 12,164 | 5,884 | $ 9,869 | 27,268 | 15,753 |  |  |  |
Block 5 PSA [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Equity Method Investment, Ownership Percentage |  |  |  |  |  |  |  |  |  |  |  |  | 40.00%
Equity Method Investment, Additional Working Interest Percentage |  |  |  |  |  |  |  |  |  |  |  |  | 10.00%
Etame Marine Block [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues, Total |  |  |  | 52,400 |  | 22,200 |  | 84,800 | 31,600 |  |  |  |
Net Income (Loss) Attributable to Parent, Total |  |  |  | 7,100 |  | $ 8,100 |  | 12,900 | 9,900 |  |  |  |
VAALCO Energy [Member] | VAALCO Stockholders [Member] | Forecast [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Noncontrolling Interest, Ownership Percentage by Parent |  |  |  |  |  |  |  |  |  | 54.50% |  |  |
VAALCO Energy [Member] | TransGlobe Shareholders [Member] | Forecast [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners |  |  |  |  |  |  |  |  |  | 45.50% |  |  |
Etame Marine Block [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Noncontrolling Interest, Ownership Percentage by Parent |  |  | 58.80% |  |  |  |  |  |  |  |  | 31.10% |
TransGlobe [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Business Combination, Acquisition Related Costs |  |  |  | $ 1,200 |  |  |  | $ 1,200 |  |  |  |  |
TransGlobe [Member] | Subsequent Event [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Business Combination, Consideration Transferred, Total | $ 307,000 |  |  |  |  |  |  |  |  |  |  |  |
Business Acquisition, Share Price (in dollars per share) | $ / shares | $ 6.23 |  |  |  |  |  |  |  |  |  |  |  |
Business Acquisition, Exchange Ratio | 0.6727 |  |  |  |  |  |  |  |  |  |  |  |
Common Stock, Shares, Outstanding, Ending Balance (in shares) | shares | 73,309,064 |  |  |  |  |  |  |  |  |  |  |  |
Business Acquisition, Dissent Rights, Percentage of Outstanding Shares | 10.00% |  |  |  |  |  |  |  |  |  |  |  |
Business Acquisition, Termination Fees | $ 9,150 |  |  |  |  |  |  |  |  |  |  |  |
Etame Marine Block [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Business Combination, Consideration Transferred, Total |  |  | $ 38,606 |  |  |  |  |  |  |  |  |  |
Business Combination, Acquisition Related Costs |  |  |  |  |  |  |  |  | 1,000 |  |  |  |
Business Combination, Step Acquisition, Equity Interest in Acquiree, Percentage |  |  | 31.10% |  |  |  |  |  |  |  |  |  |
Business Combination, Step Acquisition, Equity Interest in Acquiree, Including Subsequent Acquisition, Percentage |  |  | 58.80% |  |  |  |  |  |  |  |  |  |
Business Combination, Bargain Purchase, Gain Recognized, Amount |  |  | $ 7,700 |  |  |  |  |  | $ 7,700 |  |  |  |
Business Combination, Bargain Purchase Gain, Recognized Amount, Net of Tax |  |  | 5,500 |  |  |  |  |  |  |  |  |  |
Business Combination, Bargain Purchase Gain, Recognized Amount, Tax Expense (Benefit) |  |  | (2,200) |  |  |  |  |  |  |  |  |  |
Business Combination, Contingent Consideration, Liability, Total |  |  | $ 5,000 |  |  |  |  |  |  |  |  |  |
Business Combination, Contingent Consideration, Measurement Period of Oil Price (Day) |  |  | 90 days |  |  |  |  |  |  |  |  |  |
Business Combination, Contingent Consideration, Oil Price Threshold |  |  | 60.00 |  |  |  |  |  |  |  |  |  |
Payment for Contingent Consideration Liability, Investing Activities |  | $ 5,000 |  |  |  |  |  |  |  |  |  |  |
Etame Marine Block [Member] | Sasol Gabon S.A. [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Business Acquisition, Percentage of Voting Interests Acquired |  |  | 27.80% |  |  |  |  |  |  |  |  |  |

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