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10.03.26 - 18:06
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Maurel & Prom: Save the Date - Webcast - Annual results 2025 (Business Wire)
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PARIS--(BUSINESS WIRE)--Regulatory News:
Maurel & Prom (Paris:MAU):
Following the publication of its annual results, M&P will hold an analyst/investor conference via an audio webcast in French and English on Thursday 12 March 2026 at 10:00, which will be followed by a Q&A session.
To attend the webcast live or access a replay, please use the following link:
Webcast – Annual Results 2025
www.maureletprom.fr
This document may contain forecasts regarding the financial position, results, business and industrial strategy of Maurel & Prom. By their very nature, forecasts involve risk and uncertainty insofar as they are based on events or circumstances which may or may not occur in the future. These forecasts are based on assumptions we believe to be reasonable, but which may prove to be incorrect and which depend on a number of risk factors, such as fluctuations in crude oil prices, changes in exchange rates, uncertainties related to the valuation of our oil reserves, actual rates of oil production rates and ...
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12.02.26 - 17:48
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Maurel & Prom: Co-Opting of a New Director and Appointment of an Observer (Business Wire)
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PARIS--(BUSINESS WIRE)--Regulatory News:
Maurel & Prom (Paris:MAU):
The Board of Directors today acknowledged the resignation of Ms Carole Delorme d'Armaillé, director, Chair of the Audit Committee and member of the Appointments and Remuneration Committee. The Board wished to thank Ms Carole Delorme d'Armaillé for her commitment and contribution to the work of the Board and its committees throughout her 13 years of service.
The Board of Directors co-opted Ms Dian Andyasuri as an independent director and appointed her as Chair of the Audit Committee and member of the Appointments and Remuneration Committee to replace Ms Carole Delorme d'Armaillé.
The Board also decided to appoint Ms Françoise Clemenceau as observer.
Biographies
Dian Andyasuri
Dian Andyasuri has over 25 years' experience in finance, including 15 years in the oil and gas industry at Shell Indonesia.
She holds an MBA from Brunel University (United Kingdom) and a bachelor's degree in accountancy from Trisakti University (Indonesia).
F...
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06.02.26 - 08:30
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Maurel & Prom: Pre-emption Notice Received in Relation to the Proposed Acquisition of Interests in Blocks 14 & 14K in Angola (Business Wire)
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PARIS--(BUSINESS WIRE)--Regulatory News:
Etablissements Maurel & Prom S.A. (“M&P”, the “Group”) (Paris:MAU) announces that it, together with its partner BW Energy Limited (“BW Energy”), has been informed by the seller Azule Energy Angola B.V. (“Azule Energy”) that one of the existing joint venture partners in Blocks 14 and 14K in Angola has notified its intention to exercise its pre-emption rights in relation to the transactions contemplated under the Sale and Purchase Agreement (“SPA”) announced on 11 December 2025.
It is specified that the SPA entered into between M&P, BW Energy, and Azule Energy remains effective until the definitive execution of a new sale and purchase agreement between the holder of the pre-emption right and the seller.
M&P will provide further updates as and when appropriate.
For more information, please visit www.maureletprom.fr/en/
This document may contain forecasts regarding the financial position, results, business and industrial strategy of Maurel & Prom. B...
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29.12.25 - 08:03
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Maurel & Prom: ANH Approval for the Acquisition of a 61% Interest in the Sinu-9 Gas Permit in Colombia (Business Wire)
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PARIS--(BUSINESS WIRE)--Regulatory News:
Etablissements Maurel & Prom S.A. (“M&P”, the “Group”) (Paris:MAU) is pleased to announce that Colombia's National Hydrocarbons Agency (“ANH”) has released its approval in respect of the transactions previously announced relating to the acquisition by M&P of a total 61% working interest and operatorship in the Sinu-9 gas licence in Colombia.
As a result, the regulatory approval condition relating to the ANH has now been satisfied. The parties will soon proceed towards closing, by completing the remaining customary closing conditions.
Olivier de Langavant, Chief Executive Officer of M&P, declared: “We are pleased to have reached this decisive stage with the receipt of the ANH approval. This milestone enables us to become the operator, to start the drilling programme in January 2026. We are excited to resume production operations in Colombia and we look forward to unlocking the full potential of this high-quality gas asset in support of Colombia's ene...
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16.10.25 - 07:36
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Maurel & Prom: Activity for the First Nine Months of 2025 (Business Wire)
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PARIS--(BUSINESS WIRE)--Regulatory News:
Maurel & Prom (Paris:MAU):
M&P working interest production for the first nine months of 2025: 37,749 boepd, up 4% on the first nine months of 2024
M&P working interest production of 15,310 bopd in Gabon, down 3% versus 2024
M&P working interest production of 4,352 bopd in Angola, up 2% versus 2024
M&P working interest gas production of 59.8 mmcfd in Tanzania, down 4% versus 2024
M&P working interest oil production of 8,114 bopd in Venezuela, up 41% versus 2024
Valued production of $394 million and sales of $489 million
Average oil price of $70.6/b over the period, down 15% compared with 2024 ($83.2/b)
Service activities contributed $11 million to sales, trading of third-party oil contributed $102 million
Completion of the acquisition of the 61% stake in the Sinu-9 gas permit in Colombia now expected by the end of 2025
Approval by the Colombian National Hydrocarbon Agency ("ANH") postponed until the end of 2025 following additional administrative requireme...
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12.09.25 - 19:27
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Maurel & Prom: Changes in Governance (Business Wire)
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PARIS--(BUSINESS WIRE)--Regulatory News:
Nomination of Wisnu Santoso, Chairman of the Board of Directors
On the recommendation of the Appointments and Remuneration Committee, the Board of Directors, at their meeting on September 12, 2025, appointed Wisnu Santoso as a director and appointed him Chairman of the Board, succeeding Jaffee Suardin for the remainder of his term.
The Board of Directors thanks Jaffee Suardin for his work as Chairman of the Board throughout his term.
Wisnu Santoso, currently Senior Vice President of Business Development at Pertamina, has over 20 years of experience in the oil and gas industry. His recognized expertise in finance and leading large-scale growth operations will be key assets in supporting the Group's development.
Maurel & Prom's new Chairman of the Board of Directors, Wisnu Santoso said:
“I am honored by the trust placed in me by the Board and look forward to work with the CEO and the support of all the Board members to continue and accelerate the development of M...
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19.06.25 - 07:33
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Maurel & Prom S.A.: Signing of an SPA to acquire additional interests in Blocks 3/05 and 3/05A in Angola (Business Wire)
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PARIS--(BUSINESS WIRE)--Regulatory News:
Etablissements Maurel & Prom S.A. (Paris:MAU) ("M&P", the “Group”) is pleased to announce it has agreed to jointly acquire, alongside Afentra plc (“Afentra”), Etu Energias S.A.'s (“Etu”) 10% interest in Blocks 3/05 and 13.33% interest in Block 3/05A in Angola (the “Acquisition”).
M&P has signed a Sale and Purchase Agreement (“SPA”) with Etu for its 50% share of the Acquisition which is subject to customary closing conditions including approval from Angolan authorities. M&P will acquire an additional interest of 5% in Block 3/05 and 6.67% in Block 3/05A, with an initial consideration of $23 million. A contingent consideration of up to $11 million may be payable, linked to a combination of oil price thresholds, production performance, and the successful development of existing discoveries.
The acquisition will be funded entirely from M&P's existing cash resources and available credit facilities ($377 million as of 31 March 2025, profor...
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27.05.25 - 18:42
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Maurel & Prom: Report on the Combined Shareholders′ Meeting of 27 May 2025 (Business Wire)
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PARIS--(BUSINESS WIRE)--Regulatory News:
Maurel & Prom (Paris:MAU):
The Combined shareholders' meeting was held today under the chairmanship of Mr. Jaffee Suardin.
Resolutions
The Combined Shareholders' meeting approved all the resolutions put to the vote. The Combined Shareholders' Meeting approved notably the parent company and consolidated financial statements for the 2024 fiscal year.
The General Shareholders' Meeting approved the payment of a dividend of €0.33 per share. The dividend will be paid out on 28 August 2025, the ex-dividend date is 26 August 2025 and the record date is 27 August 2025.
Composition of the Board of Directors and its Committees
The General Shareholders' meeting renewed Mr. Marc Blaizot, Mr Bagus Rahadiansyah et Mr Jaffee Suardin as directors.
The Board of Directors of Maurel & Prom remains composed of 8 members, including 3 independent directors and 4 women, i.e. 50% of the members of the Board.
All information on the composition of the Board of Directors and its Commit...
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17.04.25 - 07:33
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Maurel & Prom: Q1 2025 Activity (Business Wire)
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PARIS--(BUSINESS WIRE)--Regulatory News:
Maurel & Prom (Paris:MAU):
M&P working interest production in Q1 2025: 38,534 boepd, up 6% on Q4 2024 and higher for each of the Group's assets
M&P working interest production of 15,684 bopd in Gabon, up 6%
M&P working interest production of 4,478 bopd in Angola, up 3%
M&P working interest gas production of 60.8 mmcfd in Tanzania, up 5%
M&P Iberoamerica working interest oil production of 8,236 bopd in Venezuela, up 9%
Valued production of $136 million, up 3% compared with Q4 2024
The sale price of oil was $74.9/bbl for the period, stable compared with Q4 2024 ($74.2/bbl)
Contribution to sales of $4 million for service activities
Sales of $64 million, down sharply due to lifting imbalances (negative impact of $76 million, with only one cargo sold over the period, in Angola) and the absence of oil trading
Completion of the acquisition of the 40% stake in the Sinu-9 gas permit in Colombia expected by June
Application filed with the Colombian National Hydrocarbon Agen...
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06.03.25 - 07:36
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Maurel & Prom: 2024 Annual Results (Business Wire)
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Pursuit of growth and increasing shareholder returns
PARIS--(BUSINESS WIRE)--Regulatory News:
Maurel & Prom (Paris:MAU):
Solid operational and financial performance maintained
M&P working interest production in 2024: 36,222 boepd, up 29% from 2023, and higher for each of the Group's assets
Scope 1 and 2 emissions: 12.3kg of CO2 equivalent per barrel of oil equivalent
Stable price environment: average oil sale price of $80.3/bbl vs. $79.3/bbl in 2023
Sales of $808 million (+19%), EBITDA of $368 million (+3%), consolidated net income of $246 million (+2%), Group share of net income of $233 million (+9%)
Positive net cash position achieved for the first time since 2007, thanks to a marked increase in cash flow generation
Free cash flow of $241 million, up 54% from 2023
Positive net cash position of $34 million at 31 December 2024, up $154 million from end-2023 (net debt of $120 million at 31 December 2023)
Intense activity of growth and development for the Group
Gabon: award of the Etekamba gas permit in Se...
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04.03.25 - 08:09
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Maurel & Prom: Save the Date – Webcast (Business Wire)
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Annual results 2024
PARIS--(BUSINESS WIRE)--Regulatory News:
Maurel & Prom (Paris:MAU):
Following the publication of its annual results, M&P will hold an analyst/investor conference via an audio webcast in French and English on Thursday 6 March 2025 at 10:00, which will be followed by a Q&A session.
To attend the webcast live or access a replay, please use the following link: https://channel.royalcast.com/maureletpromfr/#!/maureletpromfr/20250306_1
www.maureletprom.fr
This document may contain forecasts regarding the financial position, results, business and industrial strategy of Maurel & Prom. By their very nature, forecasts involve risk and uncertainty insofar as they are based on events or circumstances which may or may not occur in the future. These forecasts are based on assumptions we believe to be reasonable, but which may prove to be incorrect and which depend on a number of risk factors, such as fluctuations in crude oil prices, changes in exchange rates, uncertainties related to the valuation o...
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10.02.25 - 07:48
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Maurel & Prom: Signing of the Definitive Agreement for the Acquisition of a 40% Operating Working Interest in the Sinu-9 Gas Licence in Colombia (Business Wire)
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PARIS--(BUSINESS WIRE)--Regulatory News:
Maurel & Prom (Paris:MAU):
Etablissements Maurel & Prom S.A. ("M&P", the “Group”) is pleased to announce it has entered into a definitive agreement with NG Energy International Corp. (“NG Energy”) to acquire a 40% operating working interest in the Sinu-9 gas licence in Colombia, pursuant to the letter of intent signed on 19 January 2025.
The effective date for the transaction is 1 February 2025. The consideration of $150 million will be funded from M&P's existing cash resources and available credit facilities ($260 million as of 31 December 2024). A deposit of $20 million is payable by M&P, and the remainder will be paid at completion, subject to adjustments reflecting cash flows during the period between the effective date and closing.
Closing of the transaction remains subject to the receipt of regulatory approvals, including the approval of the Colombian National Hydrocarbons Agency (“ANH”), and the satisfaction of other customary closing ...
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