Maurel says Gabon Onal results better than expected

Fri Mar 14, 2008 2:26am EDT
 
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PARIS, March 14 (Reuters) - French oil company Maurel & Prom (MAUP.PA) said on Friday that its Onal-901 development well in Gabon was producing better than expected results.

"The Onal-901 development well to the south of the reservoir has shown oil output at a much higher level than has been indicated in the wells tested hitherto," Maurel said.

In November, Maurel & Prom posted a 7 percent fall in third- quarter sales.

(Reporting by Sudip Kar-Gupta; Editing by Erica Billingham)

 

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