Update on the production test and request for extension of the Initial Phase of Block 70, onshore Oman
Maha Energy AB (publ) (“Maha” or the “Company”) announces the results of the initial short-term production test on Block 70 in the Sultanate of Oman (“Initial Phase”). All 8 (eight) production wells drilled in the 2022/2023 drilling program were tested for short term and 5 (five) produced oil to surface at an initial estimated average rate of 300 barrels of oil per day per well, while 3 (three) had to be suspended after producing water and gas but before producing any oil. Even though more than
Source: yahoo.com
