Penser Access by Carnegie
Maha Energy is a listed Swedish upstream oil and gas (O&G) producer. The company has begun a transformation that includes
the sale of Maha Brazil and the acquisition of DBO 2.0 – which provided new assets in Brazil – followed by the divestment of its
interest in Oman, and the acquisition of the option to buy a working interest in a Venezuelan asset. Moreover, it has ‘ bought a
stake in 3R Petroleum and recently rolled up its holding in 3R Offshore – and thus the interest in the assets in Brazil – for newly
issued shares in the merged 3R and Enauta. It controls 4.76% of the merged company. After the roll-up, it has one producing
asset: Illinois Basin in the US, a conventional light oil field.
Bransch: Energi
Marknad: NASDAQ Stockholm
Tickerkod: MAHA A
Bolagets hemsida: https://maha-energy.com