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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 Ebenizer3on Jun 21, 2024 8:07am
280 Views
Post# 36099537

Just a rumor...IDK but someone does...

Just a rumor...IDK but someone does...https://seekingalpha.com/article/4700327-totalenergies-could-namibia-be-its-guyana-moment


"While Total already has the premier position in Namibia ahead of Shell's Jonker and Graff discoveries (~4.6Bboe according to NAMCOR), I see additional upside from Galp's recent 10Bboe discovery just northeast of the Total and Shell operated blocks. Galp, which holds an 80% interest in the field, has announced it would seek to sell half of its stake, worth around $8B according to Bloomberg. Key rumored bidders for the asset include ExxonMobil and Equinor as well as Shell and Total itself. Acquiring an additional ~4Bboe of equity resource in Namibia would solidify Total's position as leader in the basin and potentially take some weight off the Venus discovery."

Seems Chevron also mentioned that they also were looking for a partner, but IDK!!!...until I do. lol...
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