Maurel & Prom Nigeria
MAUREL & PROM NIGERIA
Exchange / Market
Maurel & Prom Nigeria, a public limited company with registered offices in Paris, specializes in hydrocarbon exploration and production. The company was established following the demerger of the Nigerian activities of Etablissements Maurel & Prom.
Maurel & Prom Nigeria holds 45% of Seplat, a Nigerian oil and gas exploration and production company and the operator of three Oil Mining Licences (4, 38 and 41) in Nigeria. These oil licences provide a balanced combination of fields in production, fields to be developed and exploration opportunities. At the end of 2010, the group had produced 2.3 million barrels of oil and gas.
Initial Public offering