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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 capconstrainedon Jul 02, 2024 3:39pm
227 Views
Post# 36115024

RE:SEI for Sale?

RE:SEI for Sale?You've been claiming that a capital raise was around the corner ever since the stock was $0.10. 
You claimed the Namibia transaction was dilutive to shareholders. 
The day SEI ran above $1.50 there were multiple stories stating Custos was likely to sell its PEL 83 stake.

I have no idea why you like stirring the pot.
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