Maurel & Prom: Update following the incident at the Cap Lopez oil terminal

PARIS--()--Regulatory News:

Maurel & Prom (Paris:MAU):

Following an incident that occurred on Thursday 28 April at the facilities of the Cap Lopez oil terminal operated by Perenco and the suspension of its reception and export activities, M&P had to gradually reduce its production on the Gabonese permit of Ezanga (gross production down to 4,000 bopd at the moment).

The operator of the terminal is currently working on restarting its facilities. The resumption of production on Ezanga back to its normal level could take place in the coming days. Alternative export solutions are also already being reviewed, in order to accelerate the return to normal production of Ezanga if necessary.

Français

 

 

 

 

 

Anglais

pieds cubes

 

pc

 

cf

 

cubic feet

millions de pieds cubes par jour

 

Mpc/j

 

mmcfd

 

million cubic feet per day

milliards de pieds cubes

 

Gpc

 

bcf

 

billion cubic feet

baril

 

B

 

bbl

 

barrel

barils d’huile par jour

 

b/j

 

bopd

 

barrels of oil per day

millions de barils

 

Mb

 

mmbbls

 

million barrels

barils équivalent pétrole

 

bep

 

boe

 

barrels of oil equivalent

barils équivalent pétrole par jour

 

bep/j

 

boepd

 

barrels of oil equivalent per day

millions de barils équivalent pétrole

 

Mbep

 

mmboe

 

million barrels of oil equivalent

For more information, visit www.maureletprom.fr/en/

This document may contain forward-looking statements regarding the financial position, results, business activities and industrial strategy of Maurel & Prom. By nature, forward-looking statements contain risks and uncertainties to the extent that they are based on events or circumstances that may or may not happen in the future. These projections 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 and the related costs, operational problems, political stability, legislative or regulatory reforms, or even wars, terrorism and sabotage.

Maurel & Prom is listed for trading on Euronext Paris
CAC All-Tradable – CAC Small – CAC Mid & Small – Eligible PEA-PME and SRD
Isin FR0000051070/Bloomberg MAU.FP/Reuters MAUP.PA

Contacts

Maurel & Prom
Press, shareholder and investor relations
Tel: +33 (0)1 53 83 16 45
ir@maureletprom.fr

NewCap
Financial communications and investor relations/Media relations
Louis-Victor Delouvrier/Nicolas Merigeau
Tel: +33 (0)1 44 71 98 53/+33 (0)1 44 71 94 98
maureletprom@newcap.eu

Contacts

Maurel & Prom
Press, shareholder and investor relations
Tel: +33 (0)1 53 83 16 45
ir@maureletprom.fr

NewCap
Financial communications and investor relations/Media relations
Louis-Victor Delouvrier/Nicolas Merigeau
Tel: +33 (0)1 44 71 98 53/+33 (0)1 44 71 94 98
maureletprom@newcap.eu