Press Releases

Press Releases

2022

Chapman Petroleum Engineering Ltd. (“Chapman”) has completed their annual reserve and resource determination for Maha Energy AB (publ) (“Maha&rdquo...
Maha Energy AB (publ) (“Maha” or the “Company”) is pleased to announce the spud of the Tie-5 Agua Grande (AG) horizontal well in...
Maha Energy AB (publ) (“Maha” or the “Company”) is pleased to announce that the recently completed Tie-4 well is now tied into...
The Board of Maha Energy AB (publ) (“Maha” or the “Company”) has approved the 2022 Capital Plan detailed in the press release dated...
A preliminary free flow well test and clean-up of Tie-4 yielded an initial comingled and restricted flow rate of approximately 936 BOEPD1 (825 BOPD2 and...

2021

Maha Energy AB (publ) (“Maha” or the “Company”) is providing production guidance of 4,000 - 5,000 BOEPD for 2022, compared to the...
The Royalties paid to the Government of Brazil has been reduced from 10% and 9.7% to 7.5% at the Tie and Tartaruga fields respectively. The Board of Directors...
The drilling of the well “Tie-4” is now complete. A final measured depth of 2,221 m has been reached and the well has now been extensively...
Due to ongoing issues with reactive shales in the wellbore Maha Energy AB has elected to plug back the wellbore and drill a simpler sidetrack to ensure...
In accordance with the resolution at the Annual General Meeting (“AGM”) of Maha Energy AB on May 27, 2021, it was resolved that a Nomination...