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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

Post by liquorwolfon Aug 23, 2024 5:45pm
403 Views
Post# 36194136

Galp find Estimate of Value to SEI

Galp find Estimate of Value to SEIAll  kinds of numbers are bouncing around. The true facts as stated by Galp is that they found 10 billion barrels of oil plus. They would not have invited others into their war room if they did not have the goods. So what is the value to SEI. A conservative value estimate takes 30% of the 10 billion or 3 billion. SEI has a 4.9% stake or 147,000,000 barrels at say $3 in the ground or $441 miillion. Todays market cap is $315 miillion. The question is how to monitize this. And don't forget the forward opportunities which could add substantial future value. All comments welcome. Thank you,
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