Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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SCHEDULE 13G/A
Filing for 2022
VAALCO ENERGY INC.
AMENDMENT NO. 2
Cusip Number 91851C201
Page 1 of 4
VAALCO ENERGY INC.
Cusip Number 91851C201
Page 2 of 4
1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wilen Investment Management Corp.
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) **
3. SEC USE ONLY
4. CITIZEN OR PLACE OF ORGANIZATION
NUMBER OF SHARES BENEFICALLY OWNED BY EACH REPORTING
PERSON WITH:
5. SOLE VOTING POWER
3,098,273
6. SHARED VOTING POWER
NONE
7. SOLE DISPOSITIVE POWER
3,098,273
8. SHARES DISPOSTIVE POWER
NONE
9. AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH PERSON
3,098,273
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
N/A
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.9%
12. TYPE OF REPORTING PERSON*
IA
VAALCO ENERGY INC.
Cusip Number 91851C201
Page 3 of 4
Item 1. Security and Issuer:
This statement relates to the common stock of Vaalco
Energy, Inc. ("The Issuer") 9800 Richmond Avenue,
Suite 700 Houston, TX 77042.
Item 2. Identity and Background:
(a) Name of Person Filing:
Wilen Investment Management Corp.
(b) Address of Principal Business Office:
14451 Meravi Drive, Bonita Springs, Florida 34135
(c) Citizenship or Place of Organization: Florida
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 91851C201
Item 3.
The Entity Filing is an Investment Adviser registered
under section 203 of the Investment Advisers Act of 1940.
Item 4. Ownership:
(a) Amount Beneficially Owned: 3,098,273
(b) Percent of class: 2.9%
(c) Number of Shares as to which such entity has:
(i) Sole power to vote or to direct the vote: 3,098,273
(ii) Shared power to vote or to direct the vote: None
(iii) Sole power to dispose or to direct the disposition of: 3,098,273
(iv) Shared power to dispose or to direct the disposition of: None
Item 5. Ownership of Five Percent or Less of a Class of Securities:
OWN LESS THAN 5%
VAALCO ENERGY INC.
Cusip Number 91851C201
Page 4 of 4
Item 6. Ownership of More Than Five Percent on Behalf of Another Person:
Not Applicable
Item 7. Identification and Classification of Subsidiaries
which acquired the security being reported on by the Parent
Holding Company:
Not Applicable
Item 8. Identification and Classification of Members of the Group:
Not Applicable
Item 9. Notice of Dissolution of Group:
Not Applicable
Item 10. Certification:
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or influencing
the control of the issuer of such securities and were not acquired
in connection with or as a participant in any transaction having
such purposes or effect.
Signature
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
Dated this 8th day of February, 2023.
JAMES WILEN
James Wilen, President
Wilen Investment Management Corp.