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Sintana Energy Inc. SEUSF


Primary Symbol: V.SEI

Sintana Energy Inc. is a crude oil and natural gas (hydrocarbons) exploration and development company. The Company is engaged in petroleum and natural gas exploration and development activities on five highly prospective, onshore and offshore petroleum exploration licenses in Namibia, and in Colombia’s Magdalena Basin. The Company holds an indirect interest in the petroleum exploration license (PEL) 79 (Blocks 2815/2915) which is located in the northern Orange sub-basin off the south-west coast of Namibia. It also holds a portfolio of offshore petroleum exploration licenses (each a PEL), including a 15% limited carried interest in PEL 87; 10% limited carried interests in each of PELs 82 and 83, and a 10% limited carried interest in PEL 90. The Company also holds private participation interests of 25% unconventional (carried) and 100% conventional in the potential hydrocarbon resources of the 43,158 acres Valle Medio Magdalena 37 (VMM-37) Block in Colombia.


TSXV:SEI - Post by User

Post by hikarion May 21, 2024 7:06am
180 Views
Post# 36049490

Best Oil Companies in Canada and Australia

Best Oil Companies in Canada and AustraliaSintana and Pancontinental are the most promising small and public listed exploration companies worldwide. Both companies are joint venture partners in the Namibian offshore block with the big Saturn turbidite.

According to Australian Oil and Gas Research data, the champion of champions during the period 2019 to 2024 were:

 

Pancontinental Energy (PCL): It pays to have licence blocks in the hottest O&G real estate on the planet, offshore Namibia in the Orange Basin, where the world’s biggest oil discoveries have been made in recent years by Total and Shell and attracted all the majors. PCL’s share price has risen 1200% over the past 60 months.
https://hotcopper.com.au/news/asx-news/148602/the-high-five-asx-oil-and-gas-stock-star-champions-are/

https://sintanaenergy.com/news-release/sintana-energy-ranked-1-energy-company-on-2024-tsx-venture-50-list-amid-major-light-oil-discoveries-in-namibias-orange-basin/

And the best: this is just the beginning before the Saturn with perhaps 40 billions of barrels of oil in place sees the first exploration well in 2025.
 

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