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 > 21

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Comment by Walkswithcoffeeon Mar 04, 2021 3:43pm

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Post# 32717708

RE:RE:21

thorgb1 wrote: Low volume, but hopefully the party is just getting started.......finally.

Looks like a start, a pause at $0.80 looks, to me, to be in the cards

pay dirt 1 in March (believing in 80+ cents because the XOM effort is worth double that)
pay dirt 2 in Sept (believing in $1USD with restructuring offer forming during the summer)
pay dirt 3 end of the year or first quarter 2022 (believing is $3-4 USD full buyout post Fall voluntary shareholder buyout offer at a $1)

Unfortunately few value investors here so far but if they show up, the above looks reasonable to me from a value perspective.

All guesses, but I believe infomred guesses.

Walks

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