Maurel : Information on the resumption of production in Gabon

Paris, 10 May 2022

No. 11-22

Information on the resumption of production in Gabon

The restoration of the export capacities of the Ezanga permit, restricted since the incident which occurred on 28 April at the facilities of the Cap Lopez oil terminal operated by Perenco, has been in progress since 4 May. Export capacities have now reached an initial phase of around 10,000 bopd, which has allowed M&P to gradually restart the wells.

The end of export restrictions and the return of production to its level prior to the incident (gross production of approximately 19,000 bopd, i.e. 15,200 bopd net to M&P's 80%) are expected before the end of the week.

Français	Anglais
pieds cubes	pc	cf	cubic feet
millions de pieds cubes par jour	Mpc/j	mmcfd	million cubic feet per day
milliards de pieds cubes	Gpc	bcf	billion cubic feet
baril	b	bbl	barrel
barils d'huile par jour	b/j	bopd	barrels of oil per day
millions de barils	Mb	mmbbls	million barrels
barils équivalent pétrole	bep	boe	barrels of oil equivalent
barils équivalent pétrole par jour	bep/j	boepd	barrels of oil equivalent per day
millions de barils équivalent pétrole	Mbep	mmboe	million barrels of oil equivalent

For more information, visitwww.maureletprom.fr/en/

Contacts

Maurel & Prom

Press, shareholder and investor relations Tel: [phone]

NewCap

Financial communications and investor relations/Media relations Louis-Victor Delouvrier/Nicolas Merigeau

Tel: [phone]

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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