Etablissements Maurel ET Prom - 5107- Profile

Etablissements Maurel et Prom(MAUREL ET PROM). The Group's principal activities are categorized into two areas: Oil and gas exploration and production, and drilling; and Other activities which include gold mining and logistic and support activities. The Group specializes in multipurpose vessels and wildcat drilling of oil and gas. In 2005, the Group acquired Hocol Group, Rockover Oil and Gas Limited and created a subsidiary in Tanzania. The Group sold its shipping activity in 2005. Gas and Petrol Exploration accounted for 94% of 2005 revenues; Petrol Drilling, 5% and Other, 1%