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 > Cash + Carry...

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Comment by capconstrainedon Jul 02, 2024 9:19am

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Post# 36114130

RE:RE:RE:Cash + Carry...

MrMoMnyMgr1995 wrote:
Benny007 wrote: Thanks MrMo!

Great to see so many oil companies having interest.

Curious to see next movements in share price. It seems like we have have to wait a little bit more before we get REAL news.

GLTAL,

Benny007

I find it hard to imagine that the farm-in major will want to carry 10% extra for Custos and expose them to future discovery.

Do they make an offer that entices Custos (KK & SEI) to walk away...

Just give us the valuation that Galp gets. Given that there are 10 bidders, I like's Galp's chance of getting the $20bn valuation.

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