M&P to sell Colombia assets

摘要

France's Maurel & Prom is in negotiations to offload all or part of its production assets in Colombia as part of a strategy to fund its exploration and development work. M&P will retain its significant exploration assets in Colombia. The company previously sold its producing assets in Congo-Brazzaville to finance continuing exploration work. It has since expanded exploration projects in Tanzania, Syria, Colombia, Gabon and Peru.