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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 MrMoMnyMgr1995on Aug 12, 2024 11:27am
233 Views
Post# 36174539

RE:RE:More of the same!

RE:RE:More of the same!

Wingafy wrote: Hmmm...no news of the big dawgs coming to chew on the bone. Only Petrobras mentioned in any news releases. Pity,  GLTA

Wing...

In the most recent articles detailing Petrobras' intentions, the 2 biggest quotes for me are...

"Assuming an oil recovery factor of 25% of the block's oil reserves, the 40% stake in Mopane could cost around $4 billion, BTG Pactual analysts estimated in a note last week"



"It's a competitive process in a sought-after area"


 

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