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New Deal


Announced

Completed

Maurel & Prom completed the acquisition of a 50% stake in Maurel & Prom Colombia from PRE-PSIE Cooperatief.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned50%
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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oil and gas

Completed

Colombia

Acquisition

Single Bidder

Minority

Cross Border

Offshore Drilling and Other Services

Friendly

Private

Synopsis

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Maurel & Prom, an oil and gas exploration company, completed the acquisition of a 50% stake in Maurel & Prom Colombia from PRE-PSIE Cooperatief. Financial terms were not disclosed. M&P will hold 100% of M&P Colombia, which owns the COR-15 and Muisca exploration licenses. The drilling of two shallow exploration wells on the COR-15 license is planned for 2022.

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