Oman: Maha Energy enters into a farmout agreement with Mafraq Energy for Block 70 in Oman

Maha Energy has entered into an Agreement with Mafraq Energy for Maha to reduce the Participating Interest in the Block 70 Exploration and Production Sharing Agreement ('EPSA') in Oman from 100% to 65%. Maha will continue to be the Operator of the Block.

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