Maha Energy AB ("Maha" or the "Company") announce revised
The range for the 2022 annual average production is revised to 3,500 - 4,000 from 4,000 - 5,000 BOEPD1.Drilling in Oman started today, the Mafraq-7 well...
Source: globenewswire.com
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Maha Energy AB (via Public) / Maha Energy Receive Royal Decree for Block 70 and reserve and contingent resource booking for Block 70 Mafraq Field
About Block 70 and the Mafraq Field Block 70 is an onshore block that includes the shallow undeveloped Mafraq oil field. The Mafraq oil field was discovered by Petroleum Development Oman (PDO) in 1988 and was further delineated by four wells and 3D seismic in stages until 2010. Two wells were placed on pump production tests, of which one was placed on a 22-day test and produced a stable and cumulative volume of over 15,700 barrels of oil before operations were suspended. The Mafraq oil field is estimated by third parties to contain between 185 - 280 million barrels of original oil in place (O...
Source: publicnow.com