­­­Maha Energy AB (publ)
Biblioteksgatan 1
SE-111 46 Stockholm
www.mahaenergy.ca

Press release
Stockholm
September 4, 2018

Maha Energy AB (publ) ("Maha" or the "Company") Announces August Production Volumes

Production Volumes

The Company's aggregate sales production for the month of August totaled 47,1911 barrels of oil and 16.892 million scf of gas for a combined average production of approximately 1,613 BOE/day2, before royalties and taxes.

The previously announced capital program for 2018 (the "Work Program") continues to temporarily affect production from the Tartaruga Field and will continue to do so until the work is complete.  The Tartaruga Field was shut in for a total of 31 days in August due to the planned 7TTG and 107D intervention work.  Production from the Tie Field continues uninterrupted and it is currently expected there will be no material reduction in Tie field production during the Work Program.

1Subject to minor standard industry adjustments at the time of custody transfer.
2Barrels of oil equivalent ("BOE") conversion ratio of 6,000 scf : 1 bbl is used.

Adviser

FNCA Sweden AB is the Company's Certified Adviser.

For more information, please contact:

Jonas Lindvall (CEO)
Tel: +1 403 454 7560        
Email: jonas@mahaenergy.ca

or

Ron Panchuk (CCO)
Tel: +1 403 454 7560        
Email: ron@mahaenergy.ca

Miscellaneous

The information was submitted for publication through the agency of the contact persons set out above on September 4, 2018, at 7:00 a.m. (CET)

Maha in Brief

Maha Energy AB is a Swedish public limited liability company. FNCA Sweden AB has been engaged as Certified Adviser. The Company's auditors are Deloitte. The Company's predecessor Maha Energy Inc. was founded in 2013 in Calgary, Canada, by Jonas Lindvall and Ron Panchuk. In May 2016, the new group was formed with Maha Energy AB as parent company for purposes completing an initial public offering on the Nasdaq First North Sweden stock exchange. Jonas Lindvall, CEO and Managing Director, has 26 years of international experience in the oil and gas industry, starting his career with Lundin Oil during the early days of E&P growth.  After 6 years at Shell and Talisman, Jonas joined, and helped secure the success of, Tethys Oil AB. Maha's strategy is to target and develop underperforming hydrocarbon assets on global basis. The Company operates three oil fields, Tartaruga and Tie in Brazil and LAK Ranch, in Wyoming, U.S. For more information, please visit our website www.mahaenergy.ca.

Important Information

Publication or distribution, directly or indirectly, of this press release could in some jurisdictions be subject to restrictions according to law and recipients of this press release, or part of it, are required to inform themselves of, and comply with, such legal restrictions. This press release is not for release, publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa, Switzerland or the United States, or in any other jurisdiction where distribution of this press release could be illegal or subject to legal restrictions. Copies of this press release are not being made and may not be distributed or sent, in whole, or part, directly or indirectly, in violation of such restrictions. Failure to comply with such restrictions may constitute a criminal act under the United States Securities Act of 1933 (as amended) ("Securities Act") or applicable laws in other jurisdictions.

2018-09-04 Maha Energy AB August Production Volumes

—
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Maha Energy AB via Globenewswire

2018-09-04 Maha Energy AB August Production Volumes

Maha Energy AB (publ)

Biblioteksgatan 1

SE-111 46 Stockholm

www.mahaenergy.ca

Press release

Stockholm

August 27, 2018

Maha Energy AB (publ) ("Maha" or the "Company") Announces Q2 Report Webcast

Half Year Report

Maha Energy AB's second quarter and half year report will be released on 29 August and a live webcast will be held on Wednesday 29 August at 1600 hrs CET.  Further details and internet link can be found on www.mahaenergy.ca  The webcast will be hosted by Jonas Lindvall, CEO and Managing Director of Maha Energy AB and Andres Modarelli, CFO of Maha Energy Inc..  Shareholders and Investors are invited to attend and ask questions.

Adviser

FNCA Sweden AB is the Company's Certified Adviser.

For more information, please contact:

Jonas Lindvall (CEO)

Tel: +1 403 454 7560

Email: jonas@mahaenergy.ca

or

Ron Panchuk (CCO)

Tel: +1 403 454 7560

Email: ron@mahaenergy.ca

Miscellaneous

The information was submitted for publication through the agency of the contact persons set out above on August 27, 2018, at 7:00 a.m. (CET)

Maha in Brief

Maha Energy AB is a Swedish public limited liability company. FNCA Sweden AB has been engaged as Certified Adviser. The Company's auditors are Deloitte. The Company's predecessor Maha Energy Inc. was founded in 2013 in Calgary, Canada, by Jonas Lindvall and Ron Panchuk. In May 2016, the new group was formed with Maha Energy AB as parent company for purposes completing an initial public offering on the Nasdaq First North Sweden stock exchange. Jonas Lindvall, CEO and Managing Director, has 26 years of international experience in the oil and gas industry, starting his career with Lundin Oil during the early days of E&P growth.  After 6 years at Shell and Talisman, Jonas joined, and helped secure the success of, Tethys Oil AB. Maha's strategy is to target and develop underperforming hydrocarbon assets on global basis. The Company operates three oil fields, Tartaruga and Tie in Brazil and LAK Ranch, in Wyoming, U.S. For more information, please visit our website www.mahaenergy.ca.

Important Information

Publication or distribution, directly or indirectly, of this press release could in some jurisdictions be subject to restrictions according to law and recipients of this press release, or part of it, are required to inform themselves of, and comply with, such legal restrictions. This press release is not for release, publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa, Switzerland or the United States, or in any other jurisdiction where distribution of this press release could be illegal or subject to legal restrictions. Copies of this press release are not being made and may not be distributed or sent, in whole, or part, directly or indirectly, in violation of such restrictions. Failure to comply with such restrictions may constitute a criminal act under the United States Securities Act of 1933 (as amended) ("Securities Act") or applicable laws in other jurisdictions.

2018-08-26 Maha Energy – Q2 2018 Report Webcast

—
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Maha Energy AB via Globenewswire

2018-08-26 Maha Energy - Q2 2018 Report Webcast

­­­Maha Energy AB (publ)
Biblioteksgatan 1
SE-111 46 Stockholm
www.mahaenergy.ca

Press release
Stockholm
August 3, 2018

Maha Energy AB (publ) ("Maha" or the "Company") Announces July Production Volumes.

Production Volumes

The Company's aggregate sales production for the month of July totaled 43,3641 barrels of oil and 14.961 million scf of gas for a combined average production of approximately 1,479 BOE/day2, before royalties and taxes.

The previously announced capital program for 2018 (the "Work Program") continues to temporarily affect production from the Tartaruga Field and will continue to do so until the work is complete.  The Tartaruga Field was shut in for a total of 29 days in July due to the planned 7TTG and 107D intervention work.  Production from the Tie Field continues uninterrupted and it is currently expected there will be no material reduction in Tie field production during the Work Program.

1Subject to minor standard industry adjustments at the time of custody transfer.
2Barrels of oil equivalent ("BOE") conversion ratio of 6,000 scf: 1 bbl is used.

Adviser

FNCA Sweden AB is the Company's Certified Adviser.

For more information, please contact:

Jonas Lindvall (CEO)
Tel: +1 403 454 7560        
Email: jonas@mahaenergy.ca

or

Ron Panchuk (CCO)
Tel: +1 403 454 7560        
Email: ron@mahaenergy.ca

Miscellaneous

The information was submitted for publication through the agency of the contact persons set out above on August 3, 2018, at 7:00 a.m. (CET)

Maha in Brief

Maha Energy AB is a Swedish public limited liability company. FNCA Sweden AB has been engaged as Certified Adviser. The Company's auditors are Deloitte. The Company's predecessor Maha Energy Inc. was founded in 2013 in Calgary, Canada, by Jonas Lindvall and Ron Panchuk. In May 2016, the new group was formed with Maha Energy AB as parent company for purposes completing an initial public offering on the Nasdaq First North Sweden stock exchange. Jonas Lindvall, CEO and Managing Director, has 26 years of international experience in the oil and gas industry, starting his career with Lundin Oil during the early days of E&P growth.  After 6 years at Shell and Talisman, Jonas joined, and helped secure the success of, Tethys Oil AB. Maha's strategy is to target and develop underperforming hydrocarbon assets on global basis. The Company operates three oil fields, Tartaruga and Tie in Brazil and LAK Ranch, in Wyoming, U.S. For more information, please visit our website www.mahaenergy.ca.

Important Information

Publication or distribution, directly or indirectly, of this press release could in some jurisdictions be subject to restrictions according to law and recipients of this press release, or part of it, are required to inform themselves of, and comply with, such legal restrictions. This press release is not for release, publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa, Switzerland or the United States, or in any other jurisdiction where distribution of this press release could be illegal or subject to legal restrictions. Copies of this press release are not being made and may not be distributed or sent, in whole, or part, directly or indirectly, in violation of such restrictions. Failure to comply with such restrictions may constitute a criminal act under the United States Securities Act of 1933 (as amended) ("Securities Act") or applicable laws in other jurisdictions.

2018-08-03 Production Numbers and Operational Update

—
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Maha Energy AB via Globenewswire

2018-08-03 Production Numbers and Operational Update

Maha Energy AB (publ)
Biblioteksgatan 1
SE-111 46 Stockholm
www.mahaenergy.ca

Press release
Stockholm
July 25, 2018

Maha Energy AB (publ) ("Maha" or the "Company") Announces Update on GTE-3 Workover in the Tie Field.

The Company is pleased to announce the dual recompletion of two zones in the GTE-3 well is now complete by use of a long production string for the Sergi formation (the "long string") and a short production string for the Agua Grande ("AG" or the "short string").

Sergi – "Long String"

The Sergi formation has, on its own, initially tested at 960 BOPD, 218 BWPD and 261 MSCFPD of gas with the assistance of the newly acquired jet pump and will now be placed on production.  The Sergi long string will continue to be produced until the AG short string is ready to be tested and put on stream (see below).

Agua Grande- "Short String"

Additional purpose built equipment is being brought to the Tie field to test and place the Agua Grande short string on stream.   Once the Agua Grande is tested and ready for production, the surface pumping equipment will be properly calibrated and both zones will then be produced simultaneously.

Jonas Lindvall, managing director of Maha Energy AB said: "This is a good example of the Maha Energy business model: "applying state of the art technology to under exploited resources to increase production".  Here, a very custom-tailored solution – a single hydraulic triplex jet pump driving a dual completion in a single well – propelled a previously dead-well to become an important producer.  The initial results of the long string exceed our expectations."

Adviser

FNCA Sweden AB is the Company's Certified Adviser.

For more information, please contact:

Jonas Lindvall (CEO)
Tel: +1 403 454 7560        
Email: jonas@mahaenergy.ca

or

Ron Panchuk (CCO)
Tel: +1 403 454 7560        
Email: ron@mahaenergy.ca

Miscellaneous

The information was submitted for publication through the agency of the contact persons set out above on July 25, 2018, at 7:00 am CET.

Maha in Brief

Maha Energy AB is a Swedish public limited liability company. FNCA Sweden AB has been engaged as Certified Adviser. The Company's auditors are Deloitte. The Company's predecessor Maha Energy Inc. was founded in 2013 in Calgary, Canada, by Jonas Lindvall and Ron Panchuk. In May 2016, the new group was formed with Maha Energy AB as parent company for purposes completing an initial public offering on the Nasdaq First North Sweden stock exchange. Jonas Lindvall, CEO and Managing Director, has 26 years of international experience in the oil and gas industry, starting his career with Lundin Oil during the early days of E&P growth.  After 6 years at Shell and Talisman, Jonas joined, and helped secure the success of, Tethys Oil AB. Maha's strategy is to target and develop underperforming hydrocarbon assets on global basis. The Company operates three oil fields, Tartaruga and Tie in Brazil and LAK Ranch, in Wyoming, U.S. For more information, please visit our website www.mahaenergy.ca.

Important Information

Publication or distribution, directly or indirectly, of this press release could in some jurisdictions be subject to restrictions according to law and recipients of this press release, or part of it, are required to inform themselves of, and comply with, such legal restrictions. This press release is not for release, publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa, Switzerland or the United States, or in any other jurisdiction where distribution of this press release could be illegal or subject to legal restrictions. Copies of this press release are not being made and may not be distributed or sent, in whole, or part, directly or indirectly, in violation of such restrictions. Failure to comply with such restrictions may constitute a criminal act under the United States Securities Act of 1933 (as amended) ("Securities Act") or applicable laws in other jurisdictions.

2018-07-25 GT3 Pump Installation Test Update

—
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Maha Energy AB via Globenewswire

2018-07-25 GT3 Pump Installation Test Update

­­­Maha Energy AB (publ)
Biblioteksgatan 1
SE-111 46 Stockholm
www.mahaenergy.ca

Press release
Stockholm
July 4, 2018

Maha Energy AB (publ) ("Maha" or the "Company") Announces June Production Volumes, Operational Update for Brazil and New Liquidity Provider

Production Volumes

The Company's aggregate sales production for the month of June totaled 36,5741 barrels of oil and 16.671 million scf of gas for a combined average production of approximately 1,312 BOE/day2, before royalties and taxes.

The previously announced capital program for 2018 (the "Capital Program") continues to temporarily affect production from the Tartaruga field and will continue to do so until the work is complete.  The field was shut in for a total of 8 days in May and 20 days in June due to the planned 7TTG intervention work.  The totalcurrent anticipated shut in period is 60 days.  Production from the Tie field continues uninterrupted and it is currently expected there will be no material reduction in Tie field production during the Work Program.

Operational Highlights:

• The GTE-3 workover to install the downhole components of the hydraulic jet pump commenced on June 30 and is now well under way.
• The Surface Jet Pumps arrived at the Tie field and work is completed for a quick tie in once the GTE-3 workover is completed.
• The Faxe-2 Drilling Rig completed the required pre-mobilization test on June 30th.  Mobilization of the drilling rig (a total of 45 loads) is scheduled to commence on July 5th and it is anticipated to take 15 days to complete.

Below details current steps and current timing of the Brazil part of the Capital Program underway:

7TTG Workover
The workover to recomplete the 7TTG well with larger tubing and a dedicated jet pump has been delayed due to stuck tubing.  Work commenced in May to recover 1.5 inch coiled tubing and 3.5 inch production tubing in the well.  After several attempts to free the downhole packer, the 1.5" tubing had to be chemically cut just above the packer.

A last minute change of workover rigs due to scheduling problems delayed mobilizing of the EBS Rig 113.  Once mobilized, the 3.5 inch tubing was latched and pulled, however, the string parted at a weak joint.  Fishing tools were connected but the EBS Rig 113 was unable of providing sufficient power to free the pipe.  A decision was taken to demobilize the rig and postpone the workover until after the 107D well has been sidetracked.  The Faxe Rig 2 will move across and complete the 7TTG workover upon completion of the 107D well.  The overall result is a 4 week delay and a potential cost over run on the 7TTG well operation of approximately USD 500,000.

107 D Re-entry
The Faxe 2 Drilling Rig passed its pre-acceptance test on June 30 and will now be mobilized to the Tartaruga field.  Mobilization is expected to be completed by July 20 and drilling operations are expected to start shortly thereafter.  The re-entry is expected to take 45 days to drill and complete once the rig is rigged up over the well.  At this time, commencement of the sidetrack is approximately 3 weeks late.  There is no impact on cost at this time.

GTE-3
The EBS Rig 113 was mobilized to the GTE-3 site on June 29 with the objective of installing the downhole components of the newly acquired (and delivered) jet pump.   Once rigged up, it is anticipated to take 8 days to recover and re-run the dual completion in this well.  Upon completion, the pump will be hooked up and the well put on production.  There has been a delay with the GTE-3 operations because of the 7TTG delays.  Originally it was anticipated that the GTE-3 workover would be completed by the end of June. It is now anticipated the well will be producing oil by the end of July – a delay of 4 weeks but with no anticipated cost overruns.

Attic Well
The 7TTG delays- delayed the commencement of the 107D well by about 3 weeks- which will in turn likely impact the commencement of the Attic Well. Upon completion of 107D Well, the Faxe 2 Rig will be moved to finish the recovery of the 3.5-inch tubing from the 7TTG well and the workover which includes perforating the P1 sand and conducting hydraulic stimulation.  This work, all going well, is expected to take 8 – 10 days.  The result is the commencement of the Attic Well is now anticipated to start in late September, a delay of about 4 – 5 weeks but with no anticipated cost overruns.

Change of Liquidity Provider

The Company changed the contracted Liquidity Provider from Remium to Penser Bank AB.   During this process a total of 30,000 shares were placed on loan to the Liquidity Provider by Jonas Lindvall, CEO of Maha Energy AB.

"Despite all the best planning – workovers often encounter unforeseen difficulties that the Maha team is well trained to react to.  Previous operators have used undersized and weaker components which continue to affect production and operations.  While it is premature to assess the precise effect of the delays and cost over-runs on the overall Capital Program budget and schedule – I am confident that we will claw back time lost and cost as no doubt other parts of the program will go smoother than anticipated," stated Jonas Lindvall, CEO of Maha Energy AB.

1Subject to minor standard industry adjustments at the time of custody transfer.
2Barrels of oil equivalent ("BOE") conversion ratio of 6,000 scf: 1 bbl is used.

Adviser

FNCA Sweden AB is the Company's Certified Adviser.

For more information, please contact:

Jonas Lindvall (CEO)
Tel: +1 403 454 7560        
Email: jonas@mahaenergy.ca

or

Ron Panchuk (CCO)
Tel: +1 403 454 7560        
Email: ron@mahaenergy.ca

Miscellaneous

The information was submitted for publication through the agency of the contact persons set out above on July 4, 2018, at 7:00 a.m. (CET)

Maha in Brief

Maha Energy AB is a Swedish public limited liability company. FNCA Sweden AB has been engaged as Certified Adviser. The Company's auditors are Deloitte. The Company's predecessor Maha Energy Inc. was founded in 2013 in Calgary, Canada, by Jonas Lindvall and Ron Panchuk. In May 2016, the new group was formed with Maha Energy AB as parent company for purposes completing an initial public offering on the Nasdaq First North Sweden stock exchange. Jonas Lindvall, CEO and Managing Director, has 26 years of international experience in the oil and gas industry, starting his career with Lundin Oil during the early days of E&P growth.  After 6 years at Shell and Talisman, Jonas joined, and helped secure the success of, Tethys Oil AB. Maha's strategy is to target and develop underperforming hydrocarbon assets on global basis. The Company operates three oil fields, Tartaruga and Tie in Brazil and LAK Ranch, in Wyoming, U.S. For more information, please visit our website www.mahaenergy.ca.

Important Information

Publication or distribution, directly or indirectly, of this press release could in some jurisdictions be subject to restrictions according to law and recipients of this press release, or part of it, are required to inform themselves of, and comply with, such legal restrictions. This press release is not for release, publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa, Switzerland or the United States, or in any other jurisdiction where distribution of this press release could be illegal or subject to legal restrictions. Copies of this press release are not being made and may not be distributed or sent, in whole, or part, directly or indirectly, in violation of such restrictions. Failure to comply with such restrictions may constitute a criminal act under the United States Securities Act of 1933 (as amended) ("Securities Act") or applicable laws in other jurisdictions.

2018-07-04 Production Numbers and Operational Update

—
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Maha Energy AB via Globenewswire

2018-07-04 Production Numbers and Operational Update

Maha Energy AB (publ)
Biblioteksgatan 1
SE-111 46 Stockholm
www.mahaenergy.ca

Press release
Stockholm
June 4, 2018

Maha Energy AB (publ) ("Maha" or the "Company") Announces May Production Volumes

The Company's aggregate sales production for the month of May totaled 38,4371 barrels of oil and 19.725 million scf of gas for a combined average production of approximately 1,346 BOE/day2, before royalties and taxes.

The previously announced capital program for 2018 is now temporarily affecting production form the Tartaruga Field and is expected to continue to affect the Tartaruga Field until the work is completed.

1Subject to minor standard industry adjustments at the time of custody transfer.
2Barrels of oil equivalent ("BOE") conversion ratio of 6,000 scf : 1 bbl is used.

Adviser

FNCA Sweden AB is the Company's Certified Adviser.

For more information, please contact:

Jonas Lindvall (CEO)
Tel: +1 403 454 7560        
Email: jonas@mahaenergy.ca

or

Ron Panchuk (CCO)
Tel: +1 403 454 7560        
Email: ron@mahaenergy.ca

Miscellaneous

The information was submitted for publication through the agency of the contact persons set out above on June 4, 2018, at 6:00 pm CET.

Maha in Brief

Maha Energy AB is a Swedish public limited liability company. FNCA Sweden AB has been engaged as Certified Adviser. The Company's auditors are Deloitte. The Company's predecessor Maha Energy Inc. was founded in 2013 in Calgary, Canada, by Jonas Lindvall and Ron Panchuk. In May 2016, the new group was formed with Maha Energy AB as parent company for purposes completing an initial public offering on the Nasdaq First North Sweden stock exchange. Jonas Lindvall, CEO and Managing Director, has 26 years of international experience in the oil and gas industry, starting his career with Lundin Oil during the early days of E&P growth.  After 6 years at Shell and Talisman, Jonas joined, and helped secure the success of, Tethys Oil AB. Maha's strategy is to target and develop underperforming hydrocarbon assets on global basis. The Company operates three oil fields, Tartaruga and Tie in Brazil and LAK Ranch, in Wyoming, U.S. For more information, please visit our website www.mahaenergy.ca.

Important Information

Publication or distribution, directly or indirectly, of this press release could in some jurisdictions be subject to restrictions according to law and recipients of this press release, or part of it, are required to inform themselves of, and comply with, such legal restrictions. This press release is not for release, publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa, Switzerland or the United States, or in any other jurisdiction where distribution of this press release could be illegal or subject to legal restrictions. Copies of this press release are not being made and may not be distributed or sent, in whole, or part, directly or indirectly, in violation of such restrictions. Failure to comply with such restrictions may constitute a criminal act under the United States Securities Act of 1933 (as amended) ("Securities Act") or applicable laws in other jurisdictions.

2018-06-04 May Production Numbers

—
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Maha Energy AB via Globenewswire

2018-06-04 May Production Numbers

                                                           
Press release
Stockholm
May 24, 2018

This press release is not for release, publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa, Switzerland or the United States, or in any other jurisdiction where distribution of this press release could be illegal or subject to legal restrictions.
                                                                                                  
Maha Energy AB Announces Date for Q1 Report Webcast and Operational update

Maha Energy AB (publ) ("Maha" or the "Company") is pleased to announce that a live webcast will be held on May 29, 2018 at 1600 CET (Stockholm time) to review and discuss the First Quarter Financial Results and to provide an Operational update.  The webcast will be broadcast live on Nyhetsbyrån Direkts Youtube Channel hosted by Laikas' Mr. Mats Jonsson and featuring Maha Energy's CEO Jonas Lindvall and Maha Energy's CFO Andres Modarelli.  For further details please consult the Company's website: www.mahaenergy.ca.

Questions should be e-mailed to info@mahaenergy.ca in advance.  Questions will be answered time permitting.

Please visit www.mahaenergy.ca for the Youtube link.

Adviser

FNCA Sweden AB is the Company's Certified Adviser.

For more information, please contact:
               
Jonas Lindvall (CEO)
Tel: +1 403 454 7560        
Email: jonas@mahaenergy.ca

or

Ron Panchuk (CCO)
Tel: +1 403 454 7560        
Email: ron@mahaenergy.ca

Miscellaneous

The information was submitted for publication through the agency of the contact persons set out above on May 24, 2018 at 20:00 CET.
  
Maha in Brief
Maha Energy AB is a Swedish public limited liability company. FNCA Sweden AB has been engaged as Certified Adviser. The Company's auditors are Deloitte. The Company's predecessor Maha Energy Inc. was founded in 2013 in Calgary, Canada, by Jonas Lindvall and Ron Panchuk. In May 2016, the new group was formed with Maha Energy AB as parent company for purposes completing an initial public offering on the Nasdaq First North Sweden stock exchange. Jonas Lindvall, CEO and Managing Director, has 26 years of international experience in the oil and gas industry, starting his career with Lundin Oil during the early days of E&P growth.  After 6 years at Shell and Talisman, Jonas joined, and helped secure the success of, Tethys Oil AB. Maha's strategy is to target and develop underperforming hydrocarbon assets on global basis. The Company operates three oil fields, Tartaruga and Tie in Brazil and LAK Ranch, in Wyoming, U.S. For more information, please visit our website www.mahaenergy.ca.

Important Information

Publication or distribution, directly or indirectly, of this press release could in some jurisdictions be subject to restrictions according to law and recipients of this press release, or part of it, are required to inform themselves of, and comply with, such legal restrictions. This press release is not for release, publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa, Switzerland or the United States, or in any other jurisdiction where distribution of this press release could be illegal or subject to legal restrictions. Copies of this press release are not being made and may not be distributed or sent, in whole, or part, directly or indirectly, in violation of such restrictions. Failure to comply with such restrictions may constitute a criminal act under the United States Securities Act of 1933 (as amended) ("Securities Act") or applicable laws in other jurisdictions.

Maha Energy AB Press Release Q1 Financials Webcast

—
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Maha Energy AB via Globenewswire

Maha Energy AB Press Release Q1 Financials Webcast

Maha Energy AB (publ)
Biblioteksgatan 1
SE-111 46 Stockholm
www.mahaenergy.ca

Press release
Stockholm
May 2, 2018

This press release is not for release, publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa, Switzerland or the United States, or in any other jurisdiction where distribution of this press release could be illegal or subject to legal restrictions.

Maha Energy AB (publ) ("Maha" or the "Company") Announces April Production Volumes and an Operations Update in Brazil

The Company's aggregate sales production for the month of April totaled 45,0061 barrels of oil and 23.543 million scf of gas for a combined average production of approximately 1,633 BOE/day2, before royalties and taxes.

Tartaruga Field

The previously announced 2018 Capital Program has now commenced at the Tartaruga Field and as anticipated production from the field is temporarily affected. It is estimated the field will be completely shut down for two months while both producing wells are worked over and/or drilled as follows:

• 7TTG Well: With workover preparations already started, the previously unproduced Penedo 1 & 4 sands will be perforated and stimulated following which the well will be recompleted with larger tubing and placed on a dedicated jet pump.  This jet pump arrived in Brazil on April 15 and is currently clearing customs.
• 107D Well: Immediately following, the current completion string at 107D will be recovered using the workover rig. Upon arrival of the Faxe 23 Rig (the "Faxe Rig") the well will be sidetracked with an approximately 500 m horizontal sidetrack being drilled from the existing wellbore. Spudding of the sidetrack is expected in mid-June.  Upon completion, another jet pump will be installed and dedicated to the production of this well.

Tie Field

Upon completion of the 107D horizontal sidetrack, the Faxe Rig will be moved to the Tie Field where a near vertical production well will be drilled at the crest of the Agua Grande and Sergi structure (the "Attic Well").  The Attic Well will also penetrate a previously undrilled formation known as the Boipeba which seismically displays similar trapping characteristics as the overlying producing Sergi and Agua Grande formations.

Jonas Lindvall, CEO of Maha Energy said: "We are excited our 2018 Capital Plan is now well underway and expect marked production improvement at both Brazilian fields as a result.  With the recent successful recovery of the completion string at the 7TTG well last week, the path is clear to complete the ambitious work program on the Tartaruga Field.  While production at the Tartaruga will be disrupted over the next two months; it is expected to result in vastly improved production numbers long term."

1Subject to minor standard industry adjustments at the time of custody transfer.
2Barrels of oil equivalent ("BOE") conversion ratio of 6,000 scf: 1 bbl is used.
3 Subject to Final Contract

Adviser

FNCA Sweden AB is the Company's Certified Adviser.

For more information, please contact:

Jonas Lindvall (CEO)
Tel: +1 403 454 7560        
Email: jonas@mahaenergy.ca

or

Ron Panchuk (CCO)
Tel: +1 403 454 7560        
Email: ron@mahaenergy.ca

Miscellaneous

The information was submitted for publication through the agency of the contact persons set out above on May 2, 2018, at 7:00 pm CET.

Maha in Brief

Maha Energy AB is a Swedish public limited liability company. FNCA Sweden AB has been engaged as Certified Adviser. The Company's auditors are Deloitte. The Company's predecessor Maha Energy Inc. was founded in 2013 in Calgary, Canada, by Jonas Lindvall and Ron Panchuk. In May 2016, the new group was formed with Maha Energy AB as parent company for purposes completing an initial public offering on the Nasdaq First North Sweden stock exchange. Jonas Lindvall, CEO and Managing Director, has 26 years of international experience in the oil and gas industry, starting his career with Lundin Oil during the early days of E&P growth.  After 6 years at Shell and Talisman, Jonas joined, and helped secure the success of, Tethys Oil AB. Maha's strategy is to target and develop underperforming hydrocarbon assets on global basis. The Company operates three oil fields, Tartaruga and Tie in Brazil and LAK Ranch, in Wyoming, U.S. For more information, please visit our website www.mahaenergy.ca.

Important Information

Publication or distribution, directly or indirectly, of this press release could in some jurisdictions be subject to restrictions according to law and recipients of this press release, or part of it, are required to inform themselves of, and comply with, such legal restrictions. This press release is not for release, publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa, Switzerland or the United States, or in any other jurisdiction where distribution of this press release could be illegal or subject to legal restrictions. Copies of this press release are not being made and may not be distributed or sent, in whole, or part, directly or indirectly, in violation of such restrictions. Failure to comply with such restrictions may constitute a criminal act under the United States Securities Act of 1933 (as amended) ("Securities Act") or applicable laws in other jurisdictions.

2018-05-02 April Production Numbers

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Maha Energy AB via Globenewswire

2018-05-02 April Production Numbers

                                                                               
Press release
Stockholm
April 30, 2018

This press release is not for release, publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa, Switzerland or the United States, or in any other jurisdiction where distribution of this press release could be illegal or subject to legal restrictions.
                                                                                                                  
Maha Energy AB changes to Fourth Quarter 2017 and Year End Report and Nomination Committee Report

Maha Energy AB (publ) ("Maha" or the "Company") announces that during the finalization and audit of the 2017 Annual Report the functional currency for the recently acquired Brazilian operations was changed from US Dollar (USD) to Brazilian real (BRL).  Had this change been applied to the 2017 Fourth Quarter and Year-end Report, it would have resulted in the following differences to the Consolidated Statement of Operations and Comprehensive Loss:

For the 12 Months ended December 31, 2017:

In addition, the Company is now presenting a USD 3 million deposit to guarantee certain work commitments as Restricted Cash on its Balance Sheet, which had previously been included as part of Cash and Cash Equivalents.

There have been no material or substantive changes in the Company or its operations affecting Results since the release of the 2017 interim Fourth Quarter and Year-end Report, and the finalization of the 2017 Annual Report.

Nomination Committee Report

The Company also advises the Report of the Nomination Committee of the Company for the 2018 Annual General Meeting to be held in Stockholm on 30 May 2018 has now been posted on its website www.mahaenergy.ca and is attached.

Adviser

 FNCA Sweden AB is the Company's Certified Adviser.

For more information, please contact:          
Jonas Lindvall (CEO)
Tel: +1 403 454 7560        
Email: jonas@mahaenergy.ca

or

Ron Panchuk (CCO)
Tel: +1 403 454 7560        
Email: ron@mahaenergy.ca

Miscellaneous

This information is published in accordance with the EU Market Abuse Regulation and/or the Swedish Financial Instruments Trading Act. The information was submitted for publication through the agency of the contact persons set out above on April 30, 2018, at 18:00 (CET)

Maha in Brief

Maha Energy AB is a Swedish public limited liability company. FNCA Sweden AB has been engaged as Certified Adviser. The Company's auditors are Deloitte. The Company's predecessor Maha Energy Inc was founded in 2013 in Calgary, Canada, by Jonas Lindvall and Ron Panchuk. In May 2016, the new group was formed with Maha Energy AB as parent company for purposes completing an initial public offering on the Nasdaq First North Sweden stock exchange. Jonas Lindvall, CEO and Managing Director, has 26 years of international experience in the oil and gas industry, starting his career with Lundin Oil during the early days of E&P growth.  After 6 years at Shell and Talisman, Jonas joined, and helped secure the success of, Tethys Oil AB. Maha's strategy is to target and develop underperforming hydrocarbon assets on global basis. The Company operates two oil fields, Tartaruga in Brazil and LAK Ranch, in Wyoming, U.S. For more information, please visit our website www.mahaenergy.ca.

Important Information

Publication or distribution, directly or indirectly, of this press release could in some jurisdictions be subject to restrictions according to law and recipients of this press release, or part of it, are required to inform themselves of, and comply with, such legal restrictions. This press release is not for release, publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa, Switzerland or the United States, or in any other jurisdiction where distribution of this press release could be illegal or subject to legal restrictions. Copies of this press release are not being made and may not be distributed or sent, in whole, or part, directly or indirectly, in violation of such restrictions. Failure to comply with such restrictions may constitute a criminal act under the United States Securities Act of 1933 (as amended) ("Securities Act") or applicable laws in other jurisdictions.

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[1] The changes noted in the above table include certain other non-material differences adjusted during the finalization of the 2017 Annual Report.

2018-04-30 Maha Energy AB Press Release
Maha Energy AB – Statement by the Nomination Committee (eng)

—
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Maha Energy AB via Globenewswire

2018-04-30 Maha Energy AB Press Release

Maha Energy AB - Statement by the Nomination Committee (eng)