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First Quarter 2024 report

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.

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Brazil: Maha Energy receives the second instalment of MUSD 55 from the sale of Maha Energy Brasil to PetroReconcavo

Brazil: Maha Energy receives the second instalment of MUSD 55 from the sale of Maha Energy Brasil to PetroReconcavo
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Maha Energy has received the second instalment of MUSD 55 from the sale of Maha Energy Brasil to PetroRecôncavo

Maha Energy AB is pleased to announce that it has received from PetroRecôncavo S.A. the second instalment of the purchase price related to the sale of its Brazilian subsidiary Maha Energy Brasil.

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PetroRecôncavo finances acquisition with syndicated loan

PetroRecôncavo finances acquisition with syndicated loan
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Brazil: Maha Energy completes the sale of Maha Energy Brasil to PetroReconcavo

Maha Energy has completed the sale of its Brazilian subsidiary to PetroRecôncavo after fulfilling all precedent conditions. The total acquisition consideration is up to USD 186.9 million.

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