Sintana Energy Inc V.SEI

Alternate Symbol(s): SEUSF

Energy Oil & Gas E&P

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.

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Sintana Energy Inc > Tidbit

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Comment by dat51oron Sep 27, 2024 9:29am

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Post# 36243831

RE:Tidbit

Interesting paragraph about Petrobras' budget for acquisitions. $11 billion.
"The funds to finance any deals would come from the $11 billion that the state-controlled firm has set aside for acquisitions in its $102 billion five-year spending plan."

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