WTI $73.51
+1.87 (+2.61%)
Brent $74.88
+1.37 (+1.86%)
MAHA-A SEK14.90
+0.21 (+1.43%)

Enhanced Oil Recovery

Maha Energy offers modern hydrocarbon recovery technologies and engineering solutions for under performing hydrocarbon assets

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Latest Press Releases

Maha Energy AB (publ) (“Maha” or the “Company”) announces increase to 2021 Capital Plan

Maha Energy AB is pleased to announce an increase of USD 10.4 million to the previously announced 2021 Capital Plan. The revised 2021 Capital Plan allocates a total of USD 36.8 million on capital projects during the year. Jonas Lindvall, Managing Director of Maha Energy...

Change in number of shares and votes in Maha Energy AB (publ)

According to previously published information, Maha Energy AB (publ) has carried out a directed share issue of 7,470,491 new shares of series A to the Brazilian Investment Bank Banco BTG Pactual S.A. The directed share issue has resulted in a change in the number of shares...

Annual General Meeting in Maha Energy AB (publ)

Today, the annual general meeting of 2021 has been held in Maha Energy AB (publ). Below follows a summary of the decisions taken by the annual general meeting (all in accordance with the proposals presented in the notice to attend the meeting kept available at the Company’s...

State-of-the-Art Enhanced
Oil Recovery Technologies

Maha has assembled a team of industry experts with individual expertise to build a solid foundation of production assets and an objective to grow through petroleum engineering and near field exploration technologies. The primary focus is to implement state-of-the-art Enhanced Oil Recovery (EOR) technologies to existing and maturing oil fields. 

The International Energy Agency (IEA), estimates the systematic application of all available EOR technologies across the globe could in theory unlock approximately 300 billion barrels of recoverable oil.

Our Operations

We currently hold assets in three countries - USA, Brazil and Oman. Three assets are considered to be light oil producing assets whilst two are heavy oil.

Our reserves are determined by Chapman Petroleum Consultants, conforming to the COGEH standards prepared jointly by the Society of Petroleum Engineers (Calgary) and the Canadian Institute of Mining, Metallurgy and Petroleum.

Tie Field

Tie Field

Bahia, Brazil
100% WI (Operator)
36-38 deg API Oil
LAK Ranch

LAK Ranch

Wyoming, USA
99% WI (Operator)
19 deg API oil
Tartaruga

Tartaruga

Aracaju, Brazil
75% WI (Operator)
41 deg API Oil
Illinois Basin

Illinois Basin

Illinois/Indiana, USA
95% WI (Operator)
35 deg API Oil
Oman

Oman

Block 70, OMAN
100% WI
13 deg API Oil
  • Tie Field

    Tie Field

    Bahia, Brazil
    100% WI (Operator)
    36-38 deg API Oil
  • LAK Ranch

    LAK Ranch

    Wyoming, USA
    99% WI (Operator)
    19 deg API oil
  • Tartaruga

    Tartaruga

    Aracaju, Brazil
    75% WI (Operator)
    41 deg API Oil
  • Illinois Basin

    Illinois Basin

    Illinois/Indiana, USA
    95% WI (Operator)
    35 deg API Oil
  • Oman

    Oman

    Block 70, OMAN
    100% WI
    13 deg API Oil