Cary Bounds

Vaalco Energy, Inc. Standalone Nonstatutory Stock Option Award Agreement (May 8th, 2017)

THIS STOCK OPTION AGREEMENT (the "Agreement") is made and entered into by and between VAALCO Energy, Inc., a Delaware corporation (the "Company") and Philip F. Patman, Jr. an individual ("Optionee"), on the 17th day of April, 2017 (the "Grant Date").

Vaalco Energy, Inc. Standalone Restricted Stock Award Agreement (May 8th, 2017)

THIS RESTRICTED STOCK AGREEMENT (the "Agreement") is made and entered into by and between VAALCO Energy, Inc., a Delaware corporation (the "Company") and Philip F. Patman, Jr., an individual ("Grantee"), on the 17th day of April 2017 (the "Grant Date"). Capitalized terms not defined in the body of this Agreement shall have the meanings assigned to them in Appendix A hereto.

Amended and Restated (April 18th, 2017)

Amended and Restated (January 3rd, 2017)