Sintana Energy Inc. V.SEI

I lurking

[farml1234]

I already have my load , watching for panic sell 


jmho

[5L4]

I traded out decent bit, had to just my nature but have kept a decent chunk and also lurking if they try and flash it down when some not looking. Think its massively undervalued here at mid 80's and we hear more in this week both about Mopane and quite possibly from Chevron. GALP had strong enough finish....might have been bit hasty trading out of that totally, oops. 

[Harel1976]

indeed could turn out to be a hasty move, tomorrow the nei conference commence and the star of the conference is going to be- mopane!!!!!! still a lot of information to be revealed, first of all is the recovery factor, once we have a number to work with the upside will be clearer, 30% is 150m boe net to sei, 50% is 250m boe net... at a conservative 5$ per carried barrel in the ground this

[geomanx02]

Harel....think I remember Total stating they were using a 40% RF at their discoveries.  Total also stated the oil was very gassey....which means there is a shrinkage factor between a reservoir bbl and a stock tank bbl (STB).  Most likely somewhere between 1.1 and 1.2 reservoir bbls for each stock tank bbl....there are many variables involved including a lack of information from which to

[Benny007]

It feels GREAT!!! Any news from the Conference would be appreciated if ever someone has something to share! GLTAL, Benny007

[MartinK]

https://www.offshore-mag.com/regional-reports/africa/article/55019840/mopane-oil-find-offshore-namibia-could-be-a-supergiant

[hhlfan]

Sintna is very, very undervalued here.  5% carried on one of the largest oil finds in the past 30 years. No value given for the other offshore Namibian interests. I added more today, will keep adding.