Profile: Etablissements Maurel et Prom SA (MAUP.PA)
MAUP.PA on Paris Stock Exchange
17 Apr 2014
17 Apr 2014
Price Change (% chg)
Etablissements Maurel et Prom SA is a France-based company engaged in the exploration and production of hydrocarbons (oil and gas), and in oil drilling activities. Its main activities comprise geological surveys, seismic acquisition and processing, geophysical interpretation and drilling. The Company pursues its activities mainly in Africa and Latin America, but it also has its businesses in Gabon, Senegal, Congo, Mozambique, Syria, Tanzania, Colombia, Peru, Venezuela, France and Italy. Maurel & Prom SA operates through its direct and indirect subsidiaries, including M&P Venezuela SAS, Prestoil Kouilou, Maurel & Prom Peru Holdings, Maurel & Prom Tanzanie Ltd and Panther Eureka SRL, among others. In December, 2013, the Company the acquisition of all of the shares of Caroil SAS (excluding the South American business of Caroil) from Tuscany International Drilling Inc. and has sold all of its 109,000,000 common shares of Tuscany to an entity incorporated in the Cayman Islands.
Etablissements Maurel et Prom SA
51 rue d'Anjou