MAUREL ET PROM overview

Regulatory News: Établissements Maurel & Prom (“M&P”, the “Group”) (Paris:MAU) announces that it has received a notification from the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) dated 28 March 2025, informing M&P that the specific license granted in May 2024 for its activities in Venezuela has been revoked. In connection with this decision, OFAC has issued a wind-down license authorising M&P to undertake transactions necessary to conclude operations...

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...

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,...

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...

Regulatory News: Maurel & Prom (Paris:MAU): M&P working interest production in 2024: 36,222 boepd, up 29% on 2023, and up for each of the Group’s assets M&P working interest production of 15,582 bopd in Gabon, up 1% from 2023 M&P working interest production of 4,302 bopd in Angola, up 5% from 2023 M&P working interest gas production of 61.4 mmcfd in Tanzania, up 19% from 2023 M&P Iberoamerica working interest oil production of 6,098 bopd in Venezuela Valued production of $593 million and sales...

Regulatory News: Maurel & Prom (Paris:MAU): Producing and development-ready onshore operated gas asset, strategically located with key infrastructure in-place Located in the Sinu San Jacinto basin and connected into the Promigas pipeline with direct access to the coastal urban and industrial areas in the north of Colombia High quality asset with recently developed facilities First gas achieved in November 2024 as part of the ongoing long term test Current infrastructure in place for gross...

Regulatory News: Etablissements Maurel & Prom (Euronext Paris: MAU, ISIN FR0000051070 ) announces its financial communication calendar for 2025. 30 January 2025: Activity in 2024 Press release before the financial markets opening 6 March 2025: 2024 Annual Results Press release before the financial markets opening 17 April 2025: Q1 2025 Activity Press release before the financial markets opening 27 May 2025: Annual General Meeting (10:00 am) 17 July 2025: Activity in the first half of 2025 Press...

Regulatory News: Under the liquidity contract entered into between ETABLISSEMENTS MAUREL ET PROM (Paris:MAU) and Kepler Cheuvreux, the following resources appeared on the liquidity account on December 31 st 2024: - 50,572 shares - € 1,123,347.45 During the second half of 2024: - Number of executions on buy side: 1,617 - Number of executions on sell side: 1,568 - Traded volume on buy side: 689,048 shares for € 3,617,972.42 - Traded volume on sell side: 706,140 shares for € 3,748,939.50 As a...