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Article: Maurel & Prom: Major Growth in Activity - Independent Certification and Valuation of Reserves.
- Article from:
- PR Newswire
- Article date:
- April 21, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PARIS, April 21 /PRNewswire-FirstCall/ --
- Broad Exploration Projects and Research Program
- Successful Geographic Diversification
Major Growth in Activity
Euro Millions2005Variation 2005-2004
Consolidated Revenues407.7 + 302 %
Self-Financing Capacity 249.8 + 364 %
Income before non recurring items181.7 + 330 %
Net Earnings 100.3 + 115 %
Operated Activity (proforma) 845.7 + 311 %
Production operated by Maurel & Prom reached nearly 100,000 barrels/day in December 2005, as a ...