1813:
The company is formed.
Development of shipping lines and trading posts in West Africa.
1989-1996:
Activity is concentrated on the agribusiness industry.
1998-1999:
Strategic refocus on hydrocarbon exploration and production.
Stakes bought in oil permits.
2000:
Maurel & Prom and “Electricité et Eaux de Madagascar” part company.
Production begins on the Kouakouala field in Congo.
Timber business sold.
Transition from fixing to continuous pricing.
M&P’s share in oil production is 188 b/d.
2001:
Discovery of the M’Boundi field in Congo (Kouilou permit).
Stake taken in Pebercan in Cuba.
The drilling ship Energy Searcher is sold.
Agricultural businesses sold.
M&P’s share in oil production is 659 b/d.
2002:
Listed on the French Midcac market.
Heritage Oil’s rights in the Kouilou permit purchased in Congo.
Congo oil reserves double.
M&P’s share in oil production is 1 650 b/d.
2003:
Oil interests in Russia sold.
The aquaculture division is sold.
Development of M’Boundi starts.
M&P’s share in oil production is 3 588 b/d.
Drilling subsidiary Caroil is formed.
2004:
Exploration agreement signed in Tanzania.
Share per value divided by 10.
M’Boundi development accelerates.
M&P’s share in oil production is 10 695 b/d.
2005:
Oil permits purchased in Gabon.
Hocol group acquired (Colombia, Venezuela).
25% share bought in Sicily’s Panther Eureka Srl.
€375 million worth of OCEANEs issued.
Disengagement from the shipping business.
The M’Boundi field builds up capacity operated by Maurel & Prom.
M&P’s share in oil production is 37 622 b/d.
Payment of a dividend of €0,15.
2006:
DeGolyer & MacNaughton certify the reserves.
Delineation of the M’Boundi field in Congo completed (56 106 b/d).
Exploration in Gabon is a success.
Exclusive Operating Authorization requested and obtained from the Gabonese authorities in the Onal field.
Acquisition of six new exploration permits in Colombia.
Entry of Maurel & Prom in Syria.
M&P’s share in oil production is 45 449 b/d.
Payment of a dividend of €0,33.
2007:
Significant discoveries in Colombia.
A new gas potential in Tanzania. Block 116 acquired in Peru.
Assets sold to Eni in Congo for US$1.434 billion (M’Boundi and Kouakouala).
Goegraphical diversification of the drilling subsidiary Caroil.
First oil in Gabon with the Banio field.
Payment of a dividend of €1,20.
Change of the company’s governance in Conseil d’administration.
2008:
Acquisition of the Clarinero exploration permit.
Payment of a dividend of €1,20.
Omko discovery in Gabon.
Onal development.
Acquisition of 2 permits in Colombia.
Mandawa farm in in Tanzania.
Ocelote first oil in Colombia.
2009:
Hocol Colombia sale for US$740m.
Payment of a dividend of €0.35.
Onal & Omko first oil in Gabon.
Discovery of a new reservoir southeast of Onal in Gabon
Discovery of Omoc and Omgw fields in Gabon
Investment in assets of Artumas in Tanzania and in Mozambique.
2010:
Entry of Maurel & Prom in Nigeria.
Confirmation a the new Kissenda play in Gabon.
Payment of a dividend of €0.10.
Recomposition of the exploration portfolio in Tanzania.
Top
