Houston – October 12, 2026 -- Vaalco Energy's ETSEM-3H development well offshore Gabon has stabilized at about 2,000 gross barrels of oil per day (BOPD), or 1,140 BOPD net to the company, completing the Phase 3 drilling program.

ETSEM-3H hits 300 meters of net pay in SE Etame attic position

The well was drilled, completed and placed on production in an attic position within the SE Etame field. Its lateral wellbore penetrated 300 meters of net pay in high-quality Gamba reservoir sands. ETSEM-3H is the final well of the Phase 3 campaign.

Columbus – October 12, 2026 -- American Electric Power (Nasdaq: AEP) has launched a registered underwritten offering of $2.6 billion of common stock, structured around forward sale agreements with three banks.

BofA, Goldman Sachs and Morgan Stanley lead the underwriting

BofA Securities, Goldman Sachs & Co. LLC and Morgan Stanley are acting as joint book-running managers. Subject to certain conditions, the forward counterparties or their affiliates are expected to borrow all shares from third parties and sell them to the underwriters.

Columbus – – October 12, 2026 -- American Electric Power, acting for its subsidiary Southwestern Electric Power Company (SWEPCO), has opened a request for proposals to build, operate and maintain a natural gas pipeline lateral serving the Benton Unit 1 CCGT Natural Gas Project in Bossier Parish, Louisiana.

Corpus Christi – October 12, 2026 -- AEP Texas, a subsidiary of American Electric Power (Nasdaq: AEP), has agreed to a loan of up to $3.26 billion from the U.S. Department of Energy's Office of Energy Dominance Financing, with projected customer savings of $685 million over 30 years.

The financing will fund a portfolio of nearly 100 projects aimed at improving grid reliability and supporting load growth in one of the fastest-growing regions in the United States.

Columbus – October 12, 2026 -- American Electric Power (Nasdaq: AEP) placed in the top three among electric utilities for both employee satisfaction and financial performance in TIME's America's Best Companies 2026 list.

TIME and Statista build ranking on three measures

TIME partnered with Statista to compile the list, which scores companies on employee satisfaction, financial performance and sustainability. The employee component draws on survey feedback from more than 200,000 employees at companies in the United States.

Columbus – October 12, 2026 -- American Electric Power (Nasdaq: AEP) has declared a regular quarterly cash dividend of 95 cents per share on its common stock, the company's board of directors announced.

AEP sets Sept. 10, 2026 payment date for the 95-cent dividend

The dividend is payable on Sept. 10, 2026, to shareholders of record as of Aug. 10, 2026.

The board described the payout as a regular quarterly dividend. The announcement did not mention any change to the amount or the schedule.

Fort Wayne – October 12, 2026 -- Indiana Michigan Power (I&M) has asked the Indiana Utility Regulatory Commission (IURC) to approve a 1,520 megawatt (MW) natural gas combined cycle plant at its Rockport site, one of the largest utility construction projects in Indiana.

I&M expects power demand in its Indiana service area to more than double by the early 2030s. The new Rockport Energy Center is meant to add generation capacity to meet that load.

Columbus – October 12, 2026 -- American Electric Power (Nasdaq: AEP) has elected Marriott International Chairman David Marriott and Equinix Executive Chairman Charles Meyers to its Board of Directors, effective July 20, bringing the board to 12 directors, 11 of them independent.

Columbus, Ohio – October 12, 2026 -- American Electric Power (Nasdaq: AEP) raised its full-year 2026 operating earnings guidance to $6.25 to $6.55 per share from $6.15 to $6.45, after signing an incremental 6 GW of load agreements in the second quarter and lifting contracted load growth through 2030 to 69 GW.

Ashland – October 12, 2026 -- Kentucky Power has finalized an amended agreement with TeraWulf Inc. that would double contracted electric demand at TeraWulf's Muskie Data campus in Grayson, Kentucky, from 500 megawatts (MW) to 1 gigawatt (GW). The deal includes $100 million in TeraWulf-funded winter bill credits for residential customers, pending approval by the Kentucky Public Service Commission.