Maurel & Prom: Report from the General Meetings held on Wednesday, 12 December 2018

Paris, 12 December 2018
No. 17-18

Report from the General Meetings
 held on Wednesday, 12 December 2018

Etablissements Maurel & Prom ("M&P", Euronext Paris: MAU, ISIN FR0000051070) informs its shareholders that an ordinary general meeting, convened on second notice, was held today at 9.30 am at Cercle National des Armées - 8 place Saint-Augustin - 75008 Paris (the "OGM"). The purpose of the OGM was to rule on the fourth to seventh resolutions of the combined general meeting of 20 June 2018 (related-party agreements between PIEP and M&P) for which there had not been a quorum. The OGM, for which no quorum was required, approved all resolutions submitted for its approval.

In addition, an extraordinary general meeting, convened in connection with the buyback by M&P of Rockover Energy Limited's deferred payments, was held on first notice on the same day at 10.45 am in the same location as the OGM (the "EGM"). The EGM approved all resolutions submitted for its approval, including the delegation of authority granted to the Board of Directors to issue M&P shares without preferential subscription rights to Rockover Energy Limited for a total nominal amount of €4,137,370.93.

For more information, visit www.maureletprom.fr

Contacts

MAUREL & PROM
Press, shareholder and investor relations
Tel: [phone]                                                 
[e-mail]              
                                       

NewCap
Financial communications and investor relations
Julie Coulot/Louis-Victor Delouvrier
Tel: [phone]                                                 
[e-mail]

Media relations
Nicolas Merigeau
Tel: [phone]
[e-mail]

This document may contain forward-looking statements regarding the financial position, results, business and industrial strategy of Maurel & Prom. By nature, forward-looking statements contain risks and uncertainties to the extent that they are based on events or circumstances that may or may not happen in the future. These projections are based on assumptions we believe to be reasonable, but which may prove to be incorrect and which depend on a number of risk factors, such as fluctuations in crude oil prices, changes in exchange rates, uncertainties related to the valuation of our oil reserves, actual rates of oil production and the related costs, operational problems, political stability, legislative or regulatory reforms, or even wars, terrorism and sabotage.

Maurel & Prom is listed for trading on Euronext Paris
CAC All-Share - CAC Oil & Gas - Next 150 - PEA-PME and SRD eligible
Isin FR0000051070 / Bloomberg MAU.FP / Reuters MAUP.PA

MAU_CRAGS

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Maurel & Prom via Globenewswire