WTI $69.67
-3.00
Brent $73.95
-3.00
MAHA-A SEK8.60
-0.07
MahaConnect

Enhanced Oil Recovery

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

Our Corporate Presentation
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Latest Financial Report
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Latest Press Releases

Annual General Meeting in Maha Energy AB (publ)

The shareholders of Maha Energy AB (publ) gathered in Stockholm, Sweden, Wednesday 24 May 2023 for the Annual General Meeting. The income statements and the balance sheets for the Company and the Group were approved and the Board of Directors and the CEO were discharged...

Maha Energy completes the business combination with DBO 2.0

Maha Energy AB (publ) (“Maha” or the “Company”) is pleased to announce that it has completed the previously announced business combination with DBO 2.0 S.A. (“DBO”). The consideration for all shares in DBO amounted to 34,829,057 new shares...

Update on the production test on Block 70, in the Sultanate of Oman

Maha Energy AB (publ) (“Maha” or the “Company”) announces the initial and preliminary results from the production test on Block 70 in the Sultanate of Oman. The tests were performed on the “Alpha pad” on wells (i) Mafraq-9, (ii) Mafraq-7,...

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