Etablissements Maurel & Prom — M&A Activity 2013

Sep 10, 2013

Paris,'10 September'2013 N°'19513

COLOMBIA Sale'of'the'Sabanero'field'to'Pacific'Rubiales'Energy'

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Maurel!&!Prom!(50,001!%!of!Maurel!&!Prom!Colombia)!announces!the!sale!by!Maurel!& Prom! Colombia!of!its!100!%!interest!in!the!Sabanero!Block!to!Meta!Petroleum!Corporation!a!100!%! subsidiary!of!Pacific!Rubiales!Energy!(PRE).

The! total! consideration! corresponding! to! Maurel! &Prom'! share! for! this! sale! is! US\$104m,! of! which!the!cancelation!by!PRE!of!US\$94m of!debt!(corresponding!to!M&P's!share!of!the!previous! financing! by! PRE! of! Sabanero)! as! well! as! a! US\$10m cash! settlement! for! Les! Etablissements! Maurel!&!Prom.

This!transaction!has!an!effective!date!as!of!September!1,!2013!and!is!subject!to!the!satisfaction! of!customary!conditions!precedent,!including! the!approval! from! the!Colombian!ANH! (Agencia! Nacional!de!Hidrocarburos).

For'more'information:'www.maureletprom.fr

Communication: INFLUENCES' ":!+33!(0)1!42!72!46!76 #:!communication@agenceZinfluences.fr!!

This document may contain forward-looking statements regarding the financial position, results, business and industrial strategy of Maurel & Prom. By nature, forward-looking statements contain risks and uncertainties to the extent that they are based on events or circumstances that may or may not happen in the future. These projections are based on assumptions we believe to be reasonable, but which may prove to be incorrect and which depend on a number of risk factors such as, fluctuations in crude oil prices, changes in exchange rates, uncertainties related to the valuation of our oil reserves, actual rates of oil production and the related costs, operational problems, political stability, legislative or regulatory reforms, or even wars, terrorism and sabotage.

Maurel & Prom is listed for trading on Euronext Paris – Compartment A ! CAC® mid 60 - SBF120® - CAC® Mid & Small - CAC® All-Tradable - CAC® All-Share

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