Edition:
United Kingdom

Maurel & Prom Completes Angola Transaction


Wednesday, 31 Jul 2019 

July 31 (Reuters) - MAUREL ET PROM ::MAUREL & PROM: COMPLETION OF ANGOLA TRANSACTION.PURCHASE CONSIDERATION OF US$80 MILLION ADJUSTED FOR WORKING CAPITAL AND CASH FLOWS SINCE EFFECTIVE DATE.COMPLETION OF ACQUISITION OF 20% WORKING INTEREST OWNED BY ANGOLA JAPAN OIL CO., LTD. ("AJOCO"), A MAJORITY OWNED SUBSIDIARY OF MITSUBISHI CORPORATION, IN TWO BLOCKS OFFSHORE ANGOLA, BLOCK 3/05 AND BLOCK 3/05A AS PLANNED.