MPI absorption by Maurel & Prom

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Jean-François Hénin, Chairman of the Board of Directors, Maurel & Prom opens the European trading day in Paris

December 17, 2015, Maurel & Prom and MPI approved the merger-absorption of MPI by Maurel & Prom.
The success of this operation allows the Group to support its strategy in pursuing the study of possible partnerships to increase its assets portfolio generating cash flow.
In this environment, Maurel & Prom is focused on the production of oil and gas while enjoying high quality of growth if oil prices rise.