Maurel & Prom to Abandon M'Bafou Well in the Congo

Maurel & Prom reported 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. Nevertheless, the characteristics of the reservoir aren't good enough to allow a production. Therefore, the well will be plugged and abandoned.

Maurel & Prom operates the Marine III exploration permit with a 75% interest.

Under the same permit, drilling on well NGO-1, drilled from the coast, will start up in the coming days.