Sintana Energy Inc V.SEI

Alternate Symbol(s): SEUSF

Energy Oil & Gas E&P

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.

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Sintana Energy Inc > Malcy Commentary today

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Post by Kadiddelhopperon Apr 25, 2024 11:07am

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Post# 36007158

Malcy Commentary today

have been going on a bit about Namibia lately, it’s the Namibian International Energy Conference in Windhoek where everybody who is anybody is on parade. And that includes, by video I admit, the Opec Secretary General who welcomed the country as a ‘significant crude producer’ and they, Opec will do all they can…

I mentioned Sintana who have participated in the big find by GALP at Mopane and which is all the buzz and Eco Atlantic who are on trend just down the road. Today it is announced that Sintana has acquired one of the last blocks in Namibia, PEL 79 through Giraffe and with QXL, a smart move methinks.