Activity

Signing of a comprehensive agreement between M&P and the Gabonese Republic

Nov 5, 2021

 

Signing of a comprehensive agreement between M&P and the Gabonese Republic

EHS-S

EHS-S achievement for M&P Tanzania: 5 years of activity with no recorded LTI

Sep 9, 2021

This excellent performance is testament to commitment and efforts regarding security at work carried out by M&P Tanzania teams.

Video

Interview d'Olivier de Langavant pour Business Inside - Forbes

Jul 20, 2021
Olivier de Langavant, Directeur Général de Maurel & Prom, est l'invité de Jean Marc Sylvestre pour l'émission Business Inside - Forbes France sur le thème : Les compagnies pétrolières face à la transition écologique
Activity

IWCF and IADC accredited Caroil training centre in Africa

Jul 6, 2021

In Q2 2020, Caroil set up a specialised training centre in Gabon for drilling, well control and health and safety programs.

Events

Replay - General Meeting of May 18, 2021 (3.00 pm)

May 4, 2021

 

In light of the Covid-19 epidemic and in accordance with the provisions of Decree No. 2021-255 of 9 March 2021 extending the implementation period for Order No. 2020-321 of 25 March 2020 adjusting the rules for meetings and deliberations of the shareholders and governing bodies of legal persons and entities without legal personality under private law due to the Covid-19 epidemic, Etablissements Maurel & Prom S.A.’s Combined Ordinary and Extraordinary General Shareholders’ Meeting will be held behind closed doors (à huis clos), i.e. without the physical presence of shareholderson Tuesday, 18 May 2021 at 3 pm at the Company’s head office located at 51, rue d’Anjou – 75008 Paris, France.



Publication

Q1 2021 Activity

Apr 22, 2021

10 April 2021

 

  • M&P working interest production in Q1 2021: 25,240 boepd
    • M&P working interest production of 15,120 bopd on the Ezanga permit in Gabon relatively unchanged from T4 2020, due to the continuation of production cuts related to OPEC quotas
    • Significant increase in gas production in Tanzania, with output of 40.7 mmcfd for M&P’s working interest
    • M&P working interest production of 3,333 bopd in Angola, down sharply due to a planned shutdown for maintenance

 

  • Valued production higher for the quarter at $96 million, thanks to the continued rise in crude oil prices
    • Average sale price of oil $57.3/bbl, up 28% from Q4 2020 ($45.0/bbl)
    • Sales of $85 million after taking into account an $11 million of restatement for lifting imbalances and inventory revaluation (including 13 M$ worth of barrels produced but not sold during the period)

 

  • Solid financial position and preparations for the resumption of development
    • Cash position of $154 million at 31 March 2021

Preparations ongoing to restart development drilling on the Ezanga licence in summer 2021, which will help restore the production potential of the fields


Download the press release:
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Publication

2020 Universal Registration Document

Apr 8, 2021

 

2020 Universal Registration Document 

Activity

Success - Power plant and M&P Gabon's production gas

Mar 23, 2021
Success - Power plant and M&P Gabon's production gas
Events

Audio webcast - 2020 Full Year Results

Mar 2, 2021

On the occasion of the 2020 Full-Year Results, a presentation available via an audio webcast in French with simultaneous translation into English will be organised on the Wednesday March 10, 2021 at 9:30 am with Olivier de Langavant, Chief Executive Officer, and Patrick Deygas, Chief Financial Officer.

This intervention will be followed by a question and answer session.

Video

Activity for 2020 - Key Figures

Jan 28, 2021

 

Key figures 2020

 

Governance

John Anis, Chairman of the Board of directors

Jan 19, 2021

 

The Board of Directors, having met on 18 January 2021, has co-opted John Anis as a director and appointed him as Chairman of the Board of Directors to replace Aussie Gautama, who wished to step down from his positions.

 

Events

Happy New Year 2021 !

Jan 5, 2021

 

Happy New Year 2021 !