Feb 10 (Reuters) - Etablissements Maurel et Prom SA

:

* SIGNING OF THE DEFINITIVE AGREEMENT FOR THE ACQUISITION OF

A 40%

OPERATING WORKING INTEREST IN THE SINU-9 GAS LICENCE IN COLOMBIA

* TRANSACTION EFFECTIVE DATE 1 FEBRUARY 2025, CONSIDERATION

$150

MILLION

* M&P TO PAY $20 MILLION DEPOSIT, REMAINDER AT COMPLETION

* M&P HAS 12-MONTH OPTION TO ACQUIRE ADDITIONAL 5% INTEREST

FOR

$18.75 MILLION

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(Gdansk Newsroom)