Hedge fund nominates 3 for VAALCO board

Reuters- Hedge fund Nanes Delorme Partners submitted on Friday three nominees for the board of VAALCO Energy Inc, the oil and gas company it has urged to explore strategic alternatives.

In a filing with the U.S. Securities and Exchange Commission, Nanes Delorme, which owns 8 percent of VAALCO, said its nominees would work with the rest of the board to "pursue options that we believe are in the best interests of all stockholders and which have the ability to maximize stockholder value."

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