Maurel & Prom reports sales for 2022 of $676 million, up 35%, on stable M&P production of 25,584 boe per day and an average oil price up 35% to $97.8 per barrel.

The Group's valorized production (revenues from production activities, excluding off-take and inventory revaluation) amounted to $700 million, up 43% on the previous year.

As at December 31, 2022, the oil company reports 2P reserves of 173.2 million barrels of oil equivalent (boe), up 7% after restatement for 2022 production, of which 108.5 million are proved reserves (1P).

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