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 > Great Entry Point

<< Previous

Bullboard Posts

Next >>

Comment by MrMoMnyMgr1995on Jul 26, 2024 8:35pm

137 Views

Post# 36150789

RE:Great Entry Point

capconstrained wrote: SEI held the $1.05 level very well yesterday on good volume. I should think a majority of the fast money crowd has left the stock over the last few weeks and SEI is set up well to make new highs over the next 6 months. FTR, I still believe SEI will receive value of USD$1.50+ for PEL83. However, the structure may not be 100% cash or a combination of stock/cash. If a cash poor player like PBR wins the bidding for Galp's 40% PEL 83 interest, there may be some retained ownership with better carry.

On the money Cap...

https://www.reuters.com/business/energy/brazils-petrobras-bids-become-operator-galps-mopane-oil-field-in-namibia-2024-07-26/

<< Previous

Bullboard Posts

Next >>

How to decrease sector risk by owning hundreds of mineral assets