Maurel & Prom Group

Update on the Situation in Gabon

Regulatory News:

The Maurel & Prom Group (Paris:MAU) informs that the current situation in Gabon does not affect the safety of the employees of its Gabonese subsidiary.

On-site activities are proceeding normally, with no impact on production.

In addition, the process of acquisition of Assala Energy by the M&P Group, whose share purchase agreement was signed on August 15, 2023, is continuing. The Transaction still remains subject to various approvals, including from the Republic of Gabon and CEMAC (Communauté Economique et Monétaire de l'Afrique Centrale) merger control clearance.
For information, Assala Energy's activities and production are also unaffected by recent events.

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millions de pieds cubes par jour	Mpc/j	mmcfd	million cubic feet per day
milliards de pieds cubes	Gpc	bcf	billion cubic feet
baril	B	bbl	barrel
barils d’huile par jour	b/j	bopd	barrels of oil per day
millions de barils	Mb	mmbbls	million barrels
barils équivalent pétrole	bep	boe	barrels of oil equivalent
barils équivalent pétrole par jour	bep/j	boepd	barrels of oil equivalent per day
millions de barils équivalent pétrole	Mbep	mmboe	million barrels of oil equivalent

For more information, please visit www.maureletprom.fr/en/

This document may contain forecasts regarding the financial position, results, business and industrial strategy of Maurel & Prom. By nature, forecasts contain risks and uncertainties to the extent that they are based on events or circumstances that may or may not happen in the future. These forecasts are based on assumptions we believe to be reasonable, but which may prove to be incorrect and which depend on a number of risk factors, such as fluctuations in crude oil prices, changes in exchange rates, uncertainties related to the valuation of our oil reserves, actual rates of oil production and the related costs, operational problems, political stability, legislative or regulatory reforms, or even wars, terrorism and sabotage.

Maurel & Prom is listed for trading on Euronext Paris
CAC All-Tradable – CAC Small – CAC Mid & Small – Eligible PEA-PME and SRD
Isin FR0000051070 / Bloomberg MAU.FP / Reuters MAUP.PA

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The Etablissements Maurel & Prom Stock at the time of publication of the news with a fall of -14,75 % to 4,206EUR on Lang & Schwarz stock exchange (30. August 2023, 18:15 Uhr).