Maurel & Prom Reports M'Bafou Well in the Congo Plugged and Abandoned

Saturday, February 13, 2010

Marine III exploration permit (M&P operator, 75%)
Maurel & Prom announces the failure of the M'Bafou well drilled in the Marine III exploration permit in the Congo. This well reached a level of 2,701 m and met its oil targets. However, the characteristics of the reservoir aren't good enough to allow a production. As a result, the well will be plugged and abandoned.

Under the same permit, drilling on well NGO-1 will start up in the in the next few days.

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