First Quarter 2024Maha Energy pays EUR 4.6 million and signs agreements to potentially invest and acquire 24% of indirect equity interest in PetroUrdaneta, a Venezuelan oil company;Maha Energy.
Maha Energy has signed definitive agreements with 3R Petroleum to roll up its 15% holdings in 3R Petroleum Offshore through merge of its wholly owned subsidiary Maha Energy (Holding) Brasil Ltda. into 3R Petroleum. In exchange, Maha will receive new ordinary shares issued by 3R Petroleum, equivalent to 2.17% of the total voting and share capital of the entity resulting from the combination of 3R Petroleum and Enauta.
Brazil Oil Juniors 3R, Enauta Agree on $1 2 Billion Deal yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.