M&P production rises 4% in first nine months of 2026
Working interest production reaches 39,126 boepd, valued production rises 32% to $521 million, and a gas discovery is made at Kasa-1X in Tanzania.
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Oil and gas exploration and production company
maureletprom.frLast updated
In short: M&P’s $1.33 billion Gran Tierra acquisition advanced after Gran Tierra shareholders approved the sale.
Working interest production reaches 39,126 boepd, valued production rises 32% to $521 million, and a gas discovery is made at Kasa-1X in Tanzania.
The approval advances M&P's acquisition of all Gran Tierra assets and operations in Colombia and Ecuador, announced on 5 August 2026. Closing is expected by year-end, subject to regulatory approvals.
The $1.33 billion deal adds 29,026 bopd of production and 144 mmbbls of 2P reserves, with closing expected around 31 December 2026.
Sales fell 29% to $578M while EBITDA reached $249M; it sold its 20.07% Seplat stake for $496M.
Maurel & Prom MAUP.PA reported on Thursday a 63% increase in its earnings before interest, taxes, depreciation and amortization (Ebitda) for the first six months of the year...
French oil and gas company Maurel & Prom said Wednesday that it has agreed to acquire Gran Tierra Energy's Colombia and Ecuador operations in a...
Maurel & Prom announces the signing of a definitive share purchase and sale agreement ('SPA') with a wholly-owned subsidiary of Gran Tierra Energy...
Maurel & Prom S.A. establishments ("M&P", the "Group") is pleased to announce the signing of a definitive sale and purchase agreement...
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