Brief: Maurel & Prom, Sonangol, Afentra To Buy Additional Interests In Two Angolan Blocks

Etablissements Maurel et Prom SA

19/03/2026 06:37

March 19 (Reuters) - Etablissements Maurel et Prom SA MAUP.PA:

UPDATE ON THE ACQUISITION OF ADDITIONAL INTERESTS IN BLOCKS 3/05 AND 3/05A IN ANGOLA

SONANGOL, THE OPERATOR OF BOTH BLOCKS, HAS ELECTED TO PARTICIPATE IN ACQUISITION OF ETU’S INTERESTS

DEAL SUBJECT TO GOVERNMENT APPROVAL IN ANGOLA

POST-ACQUISITION BLOCK 3/05A: SONANGOL 39.34%, AFENTRA 24.99%, M&P 30.33%, NIS NAFTAGAS 5.33%

POST-ACQUISITION BLOCK 3/05: SONANGOL 39.34%, AFENTRA 33.33%, M&P 23.33%, NIS NAFTAGAS 4%

CONTINGENT CONSIDERATION OF UP TO $7 MILLION MAY BE PAYABLE

Source text: ID:nBw80PXdsa

Further company coverage: MAUP.PA

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