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 capconstrainedon Jul 27, 2024 6:13am

178 Views

Post# 36150949

RE:RE:Great Entry Point

I've been told that PBR can easily redeploy existing FPSOs from its current operations to Namibia so that the development time of Mopane may be much faster with PBR as a partner. While the details of the offer have not been made public yet, there may be other considerations that will need to be evaluated in addition to the upfront cash/stock that PBR may contribute to Galp.

<< Previous

Bullboard Posts

Next >>

How to trade on the stock market: A beginner’s guide