The Traderszone Network

Published in TZ Latest News 11 July, 2021 by The TZ Newswire Staff

Maha Energy AB (publ) (“Maha” or the “Company”) announces spud of Tie-4 and an operational update

Tie-4 Horizontal Well
The Tie-4 horizontal well was spudded late on Friday July 9, 2021. The Faxe-2 hydro-electric drilling unit has been retained on a one firm and six optional well drilling contract. Tie-4 is the fourth production well drilled on the Tie field by Maha Energy since the 2017 acquisition of the field from Gran Tierra Energy.