Maurel & Prom acquires 61% stake in Colombia’s Sinu-9 gas block
Yahoo Finance·2026-01-07 09:34
Etablissements Maurel & Prom (M&P) has completed the acquisition of a 61% working interest and operatorship in the producing Sinu-9 gas licence in Colombia for a total consideration of $229m (€196.14m). The announcement follows approval from Colombia's National Hydrocarbons Agency in December 2025. The Sinu-9 gas block, situated in the Lower Magdalena Valley, covers around 1,260km² in the department of Córdoba. It is approximately 75km from the Caribbean coast of Colombia. It lies within the Sinu San J ...