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Bullboard - Stock Discussion Forum Sintana Energy Inc. V.SEI

Alternate Symbol(s):  SEUSF

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... see more

TSXV:SEI - Post Discussion

Sintana Energy Inc. > Carried Interest
View:
Post by geomanx02 on Apr 22, 2024 10:24am

Carried Interest

Market not giving any value to the carried interest in Galp's 10 wells nor Chevron's 10 wells......
Comment by farml1234 on Apr 22, 2024 10:46am
Look like investors do not understand what is going on with carried  interest . This is 10s of millions of dollars that we do not have to spend on getting the crude to production  jmho
Comment by Harel1976 on Apr 22, 2024 11:43am
only the development carry is worth more then current mc, assuming a 5 billion dollars development cost, to be on the safe side, thats 250m$ net to sei in carry, add atleast 3-5 more mopane wells for exploration and appraisal and the picture is clear, sei at the moment is a solid 1b$ company...
Comment by barolo19 on Apr 22, 2024 1:01pm
Yes indeed, do you think their plan is to become a producer?? or in time divest themselves once all the chips are laid out?
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