Businesses

The Maurel & Prom model

 

 Exploration:

Dynamic and ambitious exploration program

Technical, geological and geophysical appraise

Risk control in line with each country’s potential

 

 Production & Development:

Quick decisional making process

Increase and replacement in reserves

Investment capabilities

 

 

 Acquisition of permits:

Exploration potential assessment

Environmental analysis: safety, taxation, markets, financing

Close connection with the local authorities

 

 

 Arbitrage:

Strengthen presence in “friendly” countries

Management of risk/reward ratio

Seeking the leverage effect

 

 

 Drilling:

Rigs availability and cost control

Dynamic management of the rigs portfolio

Access to new exploration permits