On the Kouilou permit (Maurel & Prom, 65% operator), the exploration well Tioni-1, whose main objective was the Vandji sandstone reservoir, was plugged and abandoned on Thursday, the 22nd of February 2007.
Following the sale agreement signed with Eni on Thursday, the 22nd February 2007, Maurel & Prom’s share in the exploration permit Kouilou could decrease from 65 to 15%, value date 1st January 2007.