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Bullboard - Stock Discussion Forum
Sintana Energy Inc
SEUSF
Primary Symbol:
V.SEI
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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TSXV:SEI - Post Discussion
Sintana Energy Inc
> Industry standard
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ExplodeTheBank
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Post by
ExplodeTheBank
on Aug 03, 2024 3:41pm
Industry standard
Minimum 40% is standard
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•••
geomanx02
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Comment by
geomanx02
on Aug 04, 2024 10:50am
There is no minimum standard recovery factors in the oil/gas industry......the range runs from 0% to 65-70% Primary RF. The seller (Galp) will put the highest RF on the table and the "lookers" will put the lowest reasonable number on the table...the truth lies somewhere in between... A ballpark recovery factor for the Orange Basin will not be known for several years and it's
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ExplodeTheBank
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Comment by
ExplodeTheBank
on Aug 04, 2024 1:51pm
Mopane have low gas saturation, we've just been told :)
(64)
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Alim33
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Comment by
Alim33
on Aug 04, 2024 7:32pm
Is this good or bad?
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