Brief: Colombian Authorities Approve Maurel & Prom's Acquisition Of Interest In Sinu-9 Gas Licence

Etablissements Maurel et Prom SA

29/12/2025 07:04

Dec 29 (Reuters) - Etablissements Maurel et Prom SA MAUP.PA:

ANH APPROVAL FOR THE ACQUISITION OF A 61% INTEREST IN THE SINU-9 GAS PERMIT IN COLOMBIA

PRODUCTION CAPACITY TO INCREASE TO 40 MMCFD BY Q2 2026

TOTAL OUTSTANDING CONSIDERATION AMOUNTS TO $185 MILLION

OF THIS AMOUNT, $78 MILLION WILL BE PAID AT CLOSING, WITH BALANCE PAYABLE IN INSTALMENTS DURING 2026

SIX-WELL EXPLORATION CAMPAIGN TO START MID-JANUARY 2026

Source text: ID:nBwv5j73a

Further company coverage: MAUP.PA

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