Maha Energy AB (publ) announced that the recently completed Tie-2 well is free flowing oil and gas at a rate of 1,825 BOPD and 1,083 MSCFPD (2,005 BOEPD) on a 1-1/2” choke with a stable tubing-head flowing pressure. A follow up well west of Tie 2, Tie-3, was spudded on 18 December and is expected to take about 60 days to drill and complete. The completion issues with the GTE-4 well have been rectified and the well is now being cleaned up and flowing oil and gas to the Tie Production Facilities. The Tie-2 well (7-TIE-2D-BA) has now been tied into the production facilities at Tie. Both the Agua Grande (AG) and Sergi zones are perforated and are now comingled in a 2-7/8” single tubing completion. Tie-3 (7-Tie-3D-BA) well is being drilled on the western flank of the Tie Field. The well is expected to take around 60 days to drill and complete. The troublesome workover was completed on 17 December, and is now hooked up to the production facilities as a comingled producer.