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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.


TSXV:SEI - Post by User

Sintana Energy Inc > VALUE
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Comment by RoyMax123on Jul 19, 2024 10:41am
244 Views
Post# 36139972

RE:VALUE

RE:VALUE
Probably just an error,  later in that article they are saying "Galp is looking to sell a portion of its oil discovery, which it estimates could contain as much as 10 billion barrels" so contain, not recoverable.
 
And also from Galp update here.
Galp said  "in-place estimates are 10 billion barrels of oil equivalent, or higher." 

ALLGOOD89 wrote: At the very top of this article there is a graph, WOODMAC is cited as the source. It shows RECOVERABLE BARRELS IF COMMERCIAL 10 BBL. Are we overlooking that? Are you Prognosticators factoring this info in your valuations? Just curious

https://www.bnnbloomberg.ca/investing/2024/07/18/african-outpost-namibia-gets-ready-to-become-new-oil-hotspot/


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