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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).


TSXV:SEI - Post by User

Sintana Energy Inc. > A couple of things from the conference today....
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Post by thorgb1on Apr 24, 2024 2:52pm
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Post# 36005617

A couple of things from the conference today....

A couple of things from the conference today....1. Goverment Petroleum Commissioner Maggie Shino comments about the GALP discoveries here: https://x.com/Ngari/status/1783051853531345208 (around the 2hours and 18 minutes mark) should all but seal the commerciality of the  discovery;

2. This comment should all but erase any doubts that Woodside is opting in:  "It is one of the newest and most attractive areas being explored by the industry and we are very excited by the discoveries so far," James Parr, vice president for new ventures exploration and development at Woodside Energy, told Reuters. "The oil is potentially some of the lowest carbon barrels being found currently so on the spectrum of oil its very attractive. There seems to be abundant gas which is also part of our transition and a big focus for Woodside," Parr added.
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