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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 Alim33on Jul 22, 2024 10:08am
190 Views
Post# 36142538

RE:Catalyst Gone

RE:Catalyst Gone
capconstrained wrote: Looks to me someone bought on Friday hoping for PEL 83 news indicating an imminent sale.  The downside for SEI's rise and future prospects is that the fast money catalyst crowd will be in and out of this stock depending on liquidity. I noticed it at quarter's end with heavy buying at the close -- a markup special for those looking for a little extra performance.  This is all meaningless if you are a long term investor but be aware.

But you don't really want to be in and out. The news could come anytime! Maybe within 3 months, or 2, or 1, or weeks, or days? Who knows? So why gamble? You don't want to miss out on a 50% rise! This is almost a sure thing, just when!
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