MAHA ENERGY

Maha is an oil and gas company, aiming to become a leader within the field of recovering oil and gas reserves and operating productive assets in different regions of the world . In the US, we have production from our assets in the Illinois Basin, Illinois/ Indiana. In Brazil, we have in Q1 2024 acquired about 12 million shares in 3R Petroleum and triggered a consolidation process on the Brazilian oil market, in order to unlock potential value to shareholders. Subsequently, Enauta and 3R Petroleum merged, changed name to Brava Energia and Maha rolled-up its 15% holdings in 3R Petroleum Offshore (the Peroá and Papa Terra clusters) into Brava Energia in exchange for approximately 10 million additional shares. Maha presently holds about 22 million shares in Brava Energia, corresponding to 4.76% of the shares, in one of the leading and most diversified independent companies operating in the Latin American oil and gas chain... IIn 2013, a new chapter began: the creation of Maha, an..

Also known as: Maha

Primary location: Stockholm Sweden