OVERVIEW OF M&P GROUP



Who we are

Maurel & Prom is an oil and gas exploration and production company listed on Euronext Paris.

The international development platform of Indonesian oil group Pertamina since 2017, Maurel & Prom has a portfolio of high-potential assets located in Africa and Latin America. 

The Group also holds a significant stake in SEPLAT, one of the main operators in Nigeria.

 

1 Gabon
Ezanga – 5,608 sq km
Production - M&P 80% (operator), Tullow 7.5%, Gabonese Republic 12.5% Exploration - M&P 100% (operator)
Kari – 2,659 km²
Exploration - M&P 100%
Nyanga-Mayombé – 2,831 sq km
Exploration - M&P 100%
2 Tanzania
Bigwa-Rufiji/Mafia – 12,025 sq km
Exploration - M&P 60%
Mnazi Bay – 756 sq km
Exploration - M&P 60% (operator), Wentworth 40% Development / Production - M&P 48.06%, Wentworth 31.94%, TPDC 20%
3 Namibia
License 0044 – 5,122 sq km
Exploration - M&P 42.5% (operator), AziNam 42.5%, National Petroleum Corporation of Namibia 8%, Livingstone Mining Resource Development 4%, Frontier Mineral Resources 3%
License 0045 – 17,133 sq km
Exploration - M&P 42.5% (operator), AziNam 42.5%, National Petroleum Corporation of Namibia 8%, Livingstone Mining Resource Development 4%, Frontier Mineral Resources 3%
4 Nigeria
OML 4, 38 and 41 – 2,650 sq km
Production - SEPLAT (20.46% M&P) : 45%
OPL 283
Production - SEPLAT (20.46% M&P) : 40%
OML 53 – 1 585 sq km
Production - SEPLAT (20.46% M&P) : 40%
OML 55 – 840 sq km
Production - SEPLAT (20.46% M&P) : 22,5%
5 France
Mios – 60 sq km
M&P 100% (operator)
6 Italy
Fiume Tellaro – 750 sq km
M&P 100 %
7 Colombia
Muisca – 2,320 sq km
Exploration - M&P Colombia (50% M&P): 100%
COR-15 – 1,194 sq km
Exploration - M&P Colombia (50% M&P): 100%
8 Canada
Alberta (11 blocks) – 31 sq km
Appréciation - M&P 25%, Andora 50% (operator), Deep Well O&G 25%
Gaspé Peninsula (13 permits) - 1,892 sq km
Exploration - M&P 50%, Pétrolia 50% (operator)
9 Venezuela
Urdaneta West
Production : Mixed Company (M&P Venezuela 40%)
10 Angola
Block 3/05
Production M&P 20%
Block 3/05 A
Appraisal M&P 20%



Key Figures

25,326 boepd

production M&P share H1 2019

$440 million

Sales in 2018

+ de 500

employees (90% in Africa)

190 MMboe

WI gross 2P reserves (excl. Venezuela and Angola)

66.2 MMcf/d

production operated (100%) H1 2019

€164m

cash flow generated by operations





Our History


2018
  • Acquisition of Shell’s stake in the Urdaneta West field in Venezuela
  • Capital increase reserved for Rockover (2.68% of M&P's share capital)
  • Entry of M&P into Angola
  • Creation of M&P Trading
2017
  • Close of the takeover bid by the Pertamina Group, which now holds 72.65% of M&P
2016
  • Launch of Pertamina Group's takeover bid for M&P shares
2015
  • Merger-absorption of MPI
2014
  • Signature of a new production sharing agreement (PSA) at Ezanga in Gabon
  • Signature of a gas sale agreement in Tanzania
2013
  • Sale of Sabanero in Colombia
  • Entry into Myanmar and Canada
2011
  • Spin-off of Maurel & Prom Nigeria (MPN), later renamed MPI
2010
  • Entry into Nigeria with SEPLAT
2008/2009
  • Sale of Hocol Colombia to Ecopetrol
2006/2007
  • Discovery of Onal in Gabon and Ocelote in Colombia
  • Sale of M’Boundi and Kouakouala to ENI
  • Entry into Peru
2005
  • Entry in Gabon and Tanzania
  • Entry into Colombia and Venezuela through the purchase of Hocol
2001
  • Discovery of M’Boundi in Congo
1831
  • Creation of Maurel & Prom, an operator of shipping lines between France and West Africa

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Maurel & Prom Italia continues its collaboration with the University of Catania in Sicily

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Activity for the first 9 months of 2019

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