Etablissements Maurel & Prom Overview
Pro stress-test →Etablissements Maurel & Prom is a France-based independent oil company specialized in the extraction and production of hydrocarbons. The company operates production assets in Gabon (oil) and Tanzania (gas), with strategic expansion into Colombia and Angola.
Strategic Profile
Pro stress-test →The company operates through two main segments: Production and Drilling. M&P is executing a multi-country growth strategy, including a 61% working interest and operatorship in the Sinu-9 gas licence in Colombia, and recently obtained authorization under GL 50A to continue Venezuelan operations.
Competitive Landscape
Pro stress-test →M&P competes in the independent E&P sector alongside mid-cap operators. Primary competitors include Lundin Petroleum, Parex Resources, and other emerging independent producers. M&P's advantages include established African production assets and recent Latin American expansion, though larger integrated majors dominate capital-intensive deepwater projects.
Industry Context
Etablissements Maurel & Prom operates in Oil & Gas Exploration & Production.
Key facts
Headquarters: Paris, France · Revenue: $135.75M · Market cap: $1.13B