OVERVIEW OF M&P GROUP




Maurel & Prom is an oil and gas exploration and production company listed on the regulated market of Euronext Paris.

With a history of almost two centuries, Maurel & Prom has, both at its headquarters in Paris and in its subsidiaries, a solid technical expertise and a long operational experience, especially in Africa. The Group has a portfolio of high - potential assets focused on Africa and Latin America, consisting of both production assets and opportunities in the exploration or appraisal phase.

The Group also holds a 20.46% stake in Seplat, one of Nigeria’s main operators that is listed on the stock exchanges of London and Lagos.

Maurel & Prom also has financial support from its majority shareholder, the Indonesian national oil company Pertamina.

 

1 Gabon
Ezanga – 5,608 sq km
Production - M&P 80% (operator), Tullow 7.5%, Gabonese Republic 12.5% Exploration - M&P 91% (operator), Tullow 9%
Kari – 2,659 km²
Exploration - M&P 100%
Nyanga-Mayombé – 2,831 sq km
Exploration - M&P 100%
2 Tanzania
Bigwa-Rufiji/Mafia – 12,025 sq km
Exploration - M&P 60%
Mnazi Bay – 756 sq km
Exploration - M&P 60% (operator), Wentworth 40% Development / Production - M&P 48.06%, Wentworth 31.94%, TPDC 20%
3 Namibia
License 0044 – 5,122 sq km
Exploration - M&P 42.5% (operator), AziNam 42.5%, National Petroleum Corporation of Namibia 8%, Livingstone Mining Resource Development 4%, Frontier Mineral Resources 3%
License 0045 – 17,133 sq km
Exploration - M&P 42.5% (operator), AziNam 42.5%, National Petroleum Corporation of Namibia 8%, Livingstone Mining Resource Development 4%, Frontier Mineral Resources 3%
4 Nigeria
OML 4, 38 and 41 – 2,650 sq km
Production - SEPLAT (20.46% M&P) : 45%
OPL 283
Production - SEPLAT (20.46% M&P) : 40%
OML 53 – 1 585 sq km
Production - SEPLAT (20.46% M&P) : 40%
OML 55 – 840 sq km
Production - SEPLAT (20.46% M&P) : 22,5%
5 France
Mios – 60 sq km
M&P 100% (operator)
6 Italy
Fiume Tellaro – 750 sq km
M&P 100 %
7 Colombia
Muisca – 2,320 sq km
Exploration - M&P Colombia (50% M&P): 100%
COR-15 – 1,194 sq km
Exploration - M&P Colombia (50% M&P): 100%
8 Canada
Alberta (11 blocks) – 31 sq km
Appréciation - M&P 25%, Andora 50% (operator), Deep Well O&G 25%
Gaspé Peninsula (13 permits) - 1,892 sq km
Exploration - M&P 50%, Pieridae Energy 50% (operator)
9 Venezuela
Urdaneta West
M&P Iberoamerica (M&P 80%) : 40%
10 Angola
Block 3/05
Production M&P 20 %, Sonangol P&P 50 %, ENI 12 %, Somoil 10 %, NIS 4 %, INA 4 %
Block 3/05 A
Appraisal M&P 20 %, Sonangol P&P 25 %, China Sonangol 25 %, ENI 12 %, Somoil 10 %, NIS 4 %, INA 4 %



Key Figures

26,9170 boepd

production M&P share H1 2020

$142 million

Sales H1 2020

763

employees (90% in Africa)

191.9 MMboe

WI gross 2P reserves at 31/12/19

28,0 MMcf/d

production M&P share S1 2020

$212m

Cash position at 30 June 2020





Our History


2019
  • Return to exploration: Gabon, France, Sicily
  • First volumes traded by M&P Trading
2018
  • Acquisition of Shell’s stake in the Urdaneta West field in Venezuela
  • Entry into Angola
  • Creation of M&P Trading
2017
  • Close of the takeover bid by the Pertamina Group, which now holds 72.65% of M&P
2016
  • Launch of Pertamina Group's takeover bid for M&P shares
2015
  • Merger-absorption of MPI
2014
  • Signature of a new production sharing agreement (PSA) at Ezanga in Gabon
  • Signature of a gas sale agreement in Tanzania
2013
  • Sale of Sabanero in Colombia
  • Entry into Myanmar and Canada
2011
  • Spin-off of Maurel & Prom Nigeria (MPN), later renamed MPI
2010
  • Entry into Nigeria with SEPLAT
2008/2009
  • Sale of Hocol Colombia to Ecopetrol
2006/2007
  • Discovery of Onal in Gabon and Ocelote in Colombia
  • Sale of M’Boundi and Kouakouala to ENI
  • Entry into Peru
2005
  • Entry in Gabon and Tanzania
  • Entry into Colombia and Venezuela through the purchase of Hocol
2001
  • Discovery of M’Boundi in Congo
1831
  • Creation of Maurel & Prom, an operator of shipping lines between France and West Africa

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Webcast AGM 2020: 30 June 2020 (2.30 pm)

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2019 Universal Registration Document

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