Maha Capital AB (publ) (MAHA_A) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to Investor Update with Maha Capital. Maha Capital released its Q2 this morning. Maha's CEO Roberto Marchiori came up with a link from Sa Paolo to present the results, current events and the name change. Roberto, nice to see you again. How are things in Sao Paulo? Nice to see you again, Carlo. Things are very good here. Thank you very much. Excellent. Yet another busy quarter. Please take it away. No, thank you very much. So I will start here. Welcome everyone for our earnest presentation. So we will start here saying that we are pleased to announce that now we are Mahe Capital. This transition to Mahe Capital marks a very important step in this new reposition, revolving and transforming us into an investment platform. So we are very happy with this new chapter. I think we have here several things to talk about it, and I will walk through here during the presentation. So starting here with our main highlights for the Q2 2025, we start with BRAVA. BRAVA reached In Q2, around 85,000 barrels, which represents 21% increase if you compare to Q1 2025. And now after plugging two additional wells in Atlanta, they reach almost 91,000 barrels in July, which is additional increase of 6% comparing to Q2 average. Talking about Illinois basing, we have a production of 258 barrels with a low OPEX per barrel of $17 a barrel. And regarding Venezuela, we are working as we speak in the co-option extension. So we have more time to see how things will evolve between US and also Venezuela. And as I was mentioning before, we changed our name into Marra Capital. This is a strategic repositioning for us to become an investment platform in the Swedish market. And now we just published a few weeks ago this partnership with Q World. I'm going to tell and walk through about wha...