Sintana Energy Inc. V.SEI

Alternate Symbol(s): SEUSF

Energy Oil & Gas E&P

Sintana Energy Inc. is an oil and natural gas exploration company. It is engaged in petroleum and natural gas exploration and development activities in five large onshore and offshore petroleum exploration licenses in Namibia, as well as in Colombia's Middle Magdalena Basin. Its primary assets are held through its 49% interest in Inter Oil (Pty) Ltd. (Inter Oil). Inter Oil is a private company which indirectly holds a portfolio of offshore petroleum exploration license (PEL) including a 15% carried interest in PEL 87; a 10% carried interest in each of PELs 82 and 83, and a 10% carried interest in PEL 90. In addition, it holds private participation interests of 25% unconventional and 100% conventional in the potential hydrocarbon resources of the 43,158 acres Valle Medio Magdalena 37 (VMM-37) Block in Colombia. The Middle Magdalena Basin is located in north-central Colombia between the Central and Eastern Ranges of the Andes, covering an area of 34,000 square kilometers (13,000 sq mi).

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Sintana Energy Inc.

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Post by hikarion Apr 20, 2024 10:21am

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Post# 35999464

Orange Basin

Https://www.upstreamonline.com/exploration/shell-hits-oil-with-latest-probe-in-namibias-prolific-orange-basin/2-1-1629538

Namibia Exploration Alert!

Shell’s latest exploration well in the Orange Basin has found hydrocarbons. An exclusive report in Upstream reports a Shell spokesperson confirming the Enigma-1X well as a discovery. Further testing is required to determine commerciality. The well is around 15 km south of Jonker. Enigma will be the fifth discovery on PEL 39 following Graff, Jonker, La Rona, and Lesedi. Shell has also drilled the unsuccessful Cullinan-1X in the north of its acreage.

Jonker is widely thought to be the largest discovery and the focus on any initial development. Graff may follow after Jonker. Elsewhere in the basin, TotalEnergies and Galp are continuing to drill and assess discoveries on their acreage (PEL 56 and PEL 83) while Chevron is expected to spud a well on PEL 90 this year. Woodside Energy holds acreage north of Chevron and Galp’s blocks and may drill its first well next year.

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