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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

Post by MrMoMnyMgr1995on Aug 29, 2024 6:02am
257 Views
Post# 36200703

PEL 83 & 90

PEL 83 & 9083 carried to production, fully carried to about 80-100MM then financed based on future production. No money required!

90 will require funding after 1st drill at about $4MM CDN per for SEI, we have $19MM CDN currently

Get facts straight please...
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