Today ABG Sundal Collier sponsored research initiates coverage of Maha Energy. Read the full report (40 pages) here!
Maha Energy is an oil and producer operating two fields in Brazil (Tie and Tartaruga). It has minor operations in the LAK field in the US. Its strategy is a combination of production, pursuing upside in its portfolio from production drilling and appraisal, and modest near-field exploration activity. It also looks for grow th through M&A w ith a broad mandate, focusing on onshore oil and gas. Its main operation is enhanced oil recovery (EOR) through the development of proven hydrocarbon reserves.