The EG deal is much bigger than Etame if they can make it all work. Looks like they're going for it here.
"Mr. William R. Thomas has been appointed President of VAALCO effective February 1, 2020.
Mr. Thomas has been serving as a non-executive director for VAALCO for the past nine months
and will continue to serve on the Board of Directors."
"William Thomas will be responsible for VAALCO’s strategic M&A activity, and Cary Bounds will manage the
other aspects of the business in his ongoing role as Chief Executive Officer. Both positions will report
to the Board."
'https://www.bloomberg.com/press-releases/2020-01-27/vaalco-announces-the-appointment-of-william-r-thomas-as-president