VAALCO ENERGY INC

Ticker: EGY CUSIP: 91851C201 Class: COM NEW

TOCQUEVILLE ASSET MANAGEMENT L.P.'s Holding History (CIK: 0000883961)

Note: Option positions (PUT/CALL) are excluded.

Q1 2014

Shares 259,854 Value ($000) $2,222 Avg Close $5.50 Range $4.78 - $7.06

Q4 2013

Shares 269,344 Value ($000) $1,856 Avg Close $4.91 Range $4.12 - $5.99

Q3 2013

Shares 279,986 Value ($000) $1,562 Avg Close $4.83 Range $4.27 - $5.36

Q2 2013

Shares 300,085 Value ($000) $1,716 Avg Close $5.29 Range $4.23 - $6.29

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	259,854	$2,222	$5.50	$4.78 - $7.06
Q4 2013	269,344	$1,856	$4.91	$4.12 - $5.99
Q3 2013	279,986	$1,562	$4.83	$4.27 - $5.36
Q2 2013	300,085	$1,716	$5.29	$4.23 - $6.29