PARIS--(BUSINESS WIRE)--Regulatory News:
Maurel & Prom (Paris:MAU):
Following an incident that occurred on Thursday 28 April at the facilities of the Cap Lopez oil terminal operated by Perenco and the suspension of its reception and export activities, M&P had to gradually reduce its production on the Gabonese permit of Ezanga (gross production down to 4,000 bopd at the moment).
The operator of the terminal is currently working on restarting its facilities. The resumption of production on Ezanga back to its normal level could take place in the coming days. Alternative export solutions are also already being reviewed, in order to accelerate the return to normal production of Ezanga if necessary.
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For more information, visit www.maureletprom.fr/en/
This document may contain forward-looking statements regarding the financial position, results, business activities and industrial strategy of Maurel & Prom. By nature, forward-looking statements 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 projections 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.
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