Maha Energy: Transformation continues - Penser

Divestment of Oman… With the divestment of its interest in Block 70 in Oman, Maha has continued its transformation. It will receive USD 2m upon this closing, and there is a potential for another USD 12m when certain milestones have been met. We had already removed Oman from our forecasts, which are thus unchanged. Group production has continued increasing q/q, with Q4 up 13% so far versus from Q3 and production currently at 80–90% of the level before the Maha Brazil divestment (completed in February 2023). We expect production to keep ramping up in the coming quarters.

Länk till analysen i sin helhet: https://mfn.se/a/penser-access/maha-energy-transformation-continues

Länk till analysen i sin helhet: https://researchdocs.carnegie.se/research/2023/12/14/maha231214_new.pdf