Update on the Acquisition of Wentworth Resources

Source: www.gulfoilandgas.com 2/24/2023, Location: Africa

Etablissements Maurel & Prom S.A. (“M&P”) is pleased to confirm that at the Court Meeting and General Meeting of Wentworth Resources (“Wentworth”), held on 23 February 2023, the requisite majority of Scheme Shareholders voted to approve the Scheme at the Court Meeting; and that the requisite majority of Wentworth shareholders voted to pass the resolution in connection with the amendment of the Wentworth articles and the implementation of the Scheme at the General Meeting.

The completion of the acquisition of Wentworth remains subject to approval of the Tanzanian authorities. M&P will provide further updates in due course.


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