Brief: Maha Energy AB Revises 2022 Annual Average Production Range To 3,500 - 4,000 BOEPD From 4,000 - 5,000 BOEPD

Keo Capital AB

06/09/2022 19:22

Sept 6 (Reuters) - Maha Energy AB  MAHAa.ST :
    * REG-MAHA ENERGY AB (“MAHA” OR THE “COMPANY”) ANNOUNCE
REVISED
2022 ANNUAL AVERAGE PRODUCTION GUIDANCE, SPUD IN OMAN AND A
GENERAL OPERATIONAL UPDATE
    * RANGE FOR 2022 ANNUAL AVERAGE PRODUCTION IS REVISED TO
3,500 -
4,000 FROM 4,000 - 5,000 BOEPD
    * DRILLING IN OMAN STARTED TODAY, MAFRAQ-7 WELL WAS SPUDDED
5
WEEKS AHEAD OF SCHEDULE
    * A BID FOR PETROBRAS' 25% WORKING INTEREST ("WI") AT
TARTARUGA
FIELD IN BRAZIL WAS SUBMITTED ON 1 SEPTEMBER, 2022
    * MAHA ENERGY - DELAYS IN REPAIRING PRODUCTION WELLS ON
BRAZIL'S
TIE FIELD, EFFECT OF FARMING DOWN 35% OF MAFRAQ FIELD TO IMPACT
FY PRODUCTION VOLUME

Source text for Eikon:  ID:nGNE7F42GQ 
Further company coverage:  MAHAa.ST 

 ((Reuters.Briefs@thomsonreuters.com;))