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 30, 2024 2:52pm

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Upstreamonline.com artikle

Chevron fires opening salvo in battle over new Namibia exploration play

"Chevron has fired the first shot in what is set to be an upcoming battle between supermajors to secure access to promising oil and gas acreage in Namibia's next big offshore exploration play — the Walvis basin.

Chevron, TotalEnergies and Shell are the majors active in the prolific Orange basin where opportunities to enter the play on a ground-floor basis have all but disappeared.

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