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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

Post by trikenon Jun 03, 2024 6:44am
195 Views
Post# 36068778

Recommended by MF

Recommended by MFMicro cap Mission a subscription service from Motley Fool has an article on SEI. No new contained information for the well-informed punters on this board. A 1% position is recommended and that there will be plenty of time to add as events occur, here I would disagree as announcement on Galp partial divestment would bring us to $2 in minutes. What is surprising is that Microcap Mission is usually focussed on stocks under $100m mcap.
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