Brief: Maha Energy Enters Definitive Agreement Regarding Merger With DBO 2.0

Keo Capital AB

06/02/2023 11:10

Feb 6 (Reuters) - Maha Energy AB  MAHAa.ST :
    * MAHA ENERGY ENTERS INTO A DEFINITIVE AGREEMENT REGARDING
THE
BUSINESS COMBINATION WITH DBO 2.0 S.A.
    * TRANSACTION IS EXPECTED TO CLOSE IN 1ST HALF OF 2023
    * BIZ COMBINATION WITH DBO INCREASES MAHA'S NET 2P RESERVES
AROUND
18.5 MMBOE, IS ESTIMATED TO ADD ABOUT 2,000 BOEPD NET PRODUCTION
IN 2023

Source text for Eikon:  ID:nGNE1spyjZ 
Further company coverage:  MAHAa.ST 
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