Maurel & Prom: Possible offer for Assala Energy Holdings Ltd
June 14 2023 - 12:00AM
Business Wire
Regulatory News:
Maurel & Prom (Paris:MAU):
Etablissements Maurel & Prom S.A. (“M&P”) informs the
market that it is in advanced discussions with the shareholder of
Assala Energy Holdings Ltd (“Assala”) with respect to the
acquisition of all the shares of Assala (the “Proposed
Acquisition”). Assala is an onshore oil upstream and midstream
company in Gabon with working interest production of approximately
45,000 bopd in 2022.
There can be no assurance that agreement between the parties
will be reached on final terms and that the Proposed Acquisition
will complete.
M&P will update shareholders as to progress made in relation
to the Proposed Acquisition in due course.
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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version on businesswire.com: https://www.businesswire.com/news/home/20230613428860/en/
Maurel & Prom Press, shareholder and investor
relations Tel: +33 (0)1 53 83 16 45 ir@maureletprom.fr
NewCap Financial communications and investor relations/Media
relations Louis-Victor Delouvrier/Nicolas Merigeau Tel: +33 (0)1 44
71 98 53/+33 (0)1 44 71 94 98 maureletprom@newcap.eu
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