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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 MrMoMnyMgr1995on Sep 25, 2024 6:42am
222 Views
Post# 36239704

Bose Update…

Bose Update…https://www.paidpromotionalmessages.ca/companies/news/1056836/sintana-energy-ceo-robert-bose-discusses-high-impact-drilling-campaigns-and-future-prospects-1056836.html?region=ca

Sintana Energy CEO Robert Bose recently spoke with Steve Darling from Proactive, providing an in-depth update on the company’s upcoming high-impact drilling campaigns. The campaigns, led by operator Galp, will commence with a four-well program focused on the Mopane complex, building on prior discoveries. The program, set to start in November, will encompass both exploration and appraisal drilling, aiming to further unlock the area's resource potential.

Bose also highlighted Chevron's parallel drilling campaign in Namibia, where the Deepsea Bollsta rig will be utilized on a neighboring license. These campaigns are poised to significantly impact the region, and notably, Sintana will not incur any capital expenditure for its involvement. Bose shared further insights from the recent Pareto Energy Conference, where Sintana drew robust interest from investors and industry leaders.

He underscored the company's potential, bolstered by one-on-one meetings and strong presentation turnout at Europe's largest independent energy conference. Bose hinted at potential partnerships for the development of the PEL83 block, positioning Sintana for future growth. Looking ahead, Bose expressed optimism regarding Sintana's strategic assets, noting the increased global focus on energy security and resource scarcity. With large-scale resources under its control, Sintana is gaining attention from key players in the energy sector.



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