Maha Energy AB (MAHA.A)
XSTO XSTO Primary Summary
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Maha Energy AB Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | - CEO | XSTO Exchange | - ISIN |
| Sweden Country | 41 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Maha Energy AB (publ) is a distinguished entity in the energy sector, focusing on the exploration, development, and production of crude oil and natural gas. With its roots firmly planted in Stockholm, Sweden, since its inception in 2013, Maha Energy has expanded its operational footprint to include significant projects in Brazil, the United States, and Oman. The company prides itself on its international presence and expertise in extracting natural resources efficiently and sustainably. Maha Energy's strategic interests in its operational regions underscore its commitment to becoming a leader in the energy sector, leveraging advanced technologies and innovative practices to ensure the sustainable development of its assets.
Products and Services
- Exploration and Production in Brazil
The company engages in thorough exploration and production activities in Brazil, harnessing the region's rich natural resources. Maha Energy's involvement in Brazil showcases its capability to operate in diverse geographic and geological environments, adapting its technologies and methods to extract maximum value from its ventures.
- Block 70 (Mafraq) Project in Oman
With a 65% working interest, the Block 70 (Mafraq) project spans an impressive 157,900 acres in Oman. This project exemplifies Maha Energy's strategic approach to international expansion and its expertise in managing large-scale projects. The company's operations in Oman focus on exploring and developing the area's potential for crude oil and natural gas production, contributing significantly to the local economy and energy sector.
- Illinois Basin Property in the United States
Within the United States, Maha Energy holds a 97% working interest in a property located in the Illinois Basin, covering 3,134 acres. This project highlights the company’s ability to navigate the competitive energy landscape of the United States, focusing on extracting value from both traditional and unconventional resources. The Illinois Basin property represents a significant component of Maha Energy’s portfolio, underscoring its diversified strategy and commitment to growth in North America.
