Report
Baptiste Lebacq

Maurel et Prom : No strengthening of positions in Gabon after all

>Right of pre-emption exercised by Gabon - The group announced that it takes note of the signature on 15 February 2024 of a share purchase agreement ("SPA") between the Gabonese national oil company Gabon Oil Company ("GOC") and Assala Energy Investments Ltd. ("Carlyle") with a view to the acquisition by GOC of Assala Energy Holdings Ltd and all its subsidiaries ("Assala"). This signature took place within the framework of GOC's sovereign right of pre-emption. The SP...
Underlying
Etablissements Maurel & Prom SA

Etablissements Maurel et Prom is engaged in the oil and gas industry. Co. is engaged in mainly two activities: exploration and production of oil and gas; and oil drilling. The goal of the exploration business is to discover exploitable accumulations of hydrocarbons. It includes geological and geophysical studies, acquisition and seismic processing as well as exploratory drilling. Co. operates in 12 countries and 4 continents, including Colombia, Peru, France, Italy, Congo, Tanzania, Gabon, Namibia, and Mozambique. Co. is also engaged in a project of gold exploration in Mali. As of Dec. 31 2013 Co. had close to 100,000 sq. km of exploration areas in 12 countries on 4 continents.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Baptiste Lebacq

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