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 > what really going on with SEI

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Comment by geomanx02on Nov 11, 2024 6:33pm

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Post# 36307376

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:what really going on with SEI

Regardless of what Galp says, gas is a problem but it can be solved with time and money.

No one wants cash flow pouring out of the Orange Basin more than the Nambian government.
Think there will be a resolution to the problem as operators bring pressure on the Nambian government....the resolution being limited flaring until gas gathering infrastructure can be implemented.

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