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Sintana Energy Inc V.SEI

Alternate Symbol(s):  SEUSF

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.


TSXV:SEI - Post by User

Comment by Walkswithcoffeeon Mar 05, 2021 11:29am
300 Views
Post# 32728211

RE:its becoming apparent

RE:its becoming apparent
m8magic wrote:
that with the news coming out of Columbia that our fracking pilot is going to be morphed into production as early as first quarter 2022...that's not far away and that would be a 5.00 minimum U.S value for us if we are still in the game then and not bought out earlier


I beleive this is truly where we are now heading. (aside: my evaluations of value generally are on the conservative side, so thinking $4USD as the final buyout price. May you be right!)

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