Maurel et Prom : 20,000 bopd threshold crossing in Gabon


 
 

Paris, 26 October 2012
 No. 20-12

20,000 bopd threshold crossing in Gabon

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In Gabon, the daily gross production threshold of 20,000 bopd was exceeded on 24 October 2012. On 30 June 2012 it had been 15,300 bopd. This improvement was mainly due to the connection of two of the four additional platforms to be provided during the second half of 2012 and as a result of the gradual commissioning of new wells.  

The doubling of water injection capacity, the optimisation works relating to it and the use of new chemical products during well interventions should allow the Group to maintain its rate of increase of output which it has shown in recent months, into and throughout 2013.

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This document may contain forward-looking statements regarding the financial position, results, business 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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