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Sintana Energy Inc SEUSF


Primary Symbol: V.SEI

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 Theonewhostockson Aug 12, 2024 1:51pm
231 Views
Post# 36174917

RE:RE:RE:RE:More of the same!

RE:RE:RE:RE:More of the same!It's strange, because one would think Petrobras would understand it better than most, so now it's me who is wondering if I even understand it. Everything I've read, and everything I've observed up until now would lead me to believe there's far more than 2.5 billion recoverable barrels there. It just seems so low of an estimate. Curious to see how this pans out, and who looks a fool when it's over.
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