on MAUREL & PROM (EPA:MAU)
Maurel & Prom is recording a 4% increase in its production in 2026
Maurel & Prom announced a total production of 39,126 boe/d for the first nine months of 2026, showing a growth of 4% compared to 2025. Production in Gabon fell by 10% following planned shutdowns, but Tanzania recorded a notable increase of 12%.
Consolidated revenue reached $574 million, an increase of 17%. The average selling price of oil was $98.8/b, up 40%. The gas discovery in Tanzania with the Kasa-1X well is promising, with potential for future production.
In Colombia, the acquisition of Gran Tierra's assets is progressing, with key approvals having been obtained. Financially, the company has strengthened its structure with a refinancing that brings its liquidity to $505 million.
R. E.
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