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Delphi has advised Maha Energy in connection with private placement

Pressmeddelande   •   Maj 22, 2014 14:52 CEST

Delphi has been legal advisor to the oil company Maha Energy in the implementation of a private placement of USD 10 million, approximately SEK 65 million, to qualified international and Swedish investors. The funds will mainly be used to increase production in existing oil assets.

Maha Energy is a Canadian oil and gas company focusing on applying cutting edge technology to extract oil in the forgotten and neglected oil fields. Mahas current production area consists of the LAK Ranch in Wyoming, USA. Additionally, Maha is in advanced stages of negotiations for a major project in Oman, and evaluates a number of other possibilities, such as in South America and Canada.

Delphi's team was led by partner Marcus Nivinger and assisted by Frida Lager, associate.

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Delphi is one of the top commercial law firms in Sweden. We help our clients with mergers and acquisitions. We advise them on matters of banking, finance and capital markets. We represent clients in court and in arbitration and are acknowledged as being extremely competent in public procurement and environmental law.

Many of us are specialists in high-tech fields such as IT, intellectual property and life science. Our drive and our interest in technology and business probably explain, in part, our success. We are often
praised for our commercial sense and our ability to understand the client’s business. 

Our clients are to be found primarily in Scandinavia, Europe and North America. We also co-operate with law firms globally and regularly assist clients on international matters. We have a total workforce of 200, of which 140 are lawyers. We have offices in Stockholm, Göteborg, Malmö, Linköping and Norrköping.

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