Sintana Energy Inc V.SEI

Roadmap

[hikari]

Galp informed about more details and the roadmap for the development of Sintana 's super giant Mopane discovery. Plus a good chance to discover more oil in till now not drilled prospects of this Galp/Sintana block.

What lies north of Galp's mopane?

Namibia: Galp to drill four new wells on huge discovery and is already talking of multi-FPSO project

"Portuguese player justifies Mopane's 10 billion barrel resource estimate and says more exploration potential lies in north of licence

"Galp Energies is set to fire-up a fast-track, four-well exploration and appraisal (E&A) drilling campaign at the end of 2024 on its huge Mopane oil discovery offshore Namibia, where a multiple-floater project is on the cards and first oil is predicted to flow this decade.

The Lisbon-based operator also believes that the story of Petroleum Exploration Licence (PEL) 83 has a long way to go because the northern part of this acreage — Mopane lies in the south — hosts other major hydrocarbon prospects.

Galp recently revealed that Mopane holds estimated in-place resources of at least 10 billion barrels of oil equivalent, with the E&A programme set to refine this big number — up or down — and offer better insight into recoverable reserves.

Up until now, Galp has been rather tight-lipped about its Namibian operations, but in the company’s first-quarter analyst call on Tuesday, chief executive Filipe Silva and head of upstream projects Adriano Bastos, offered intriguing insights into Mopane."

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If look to Guyana to the discoveries of ExxonMobil there, I get optimistic and see a very good chance and geological analogy that the other turbidites in this block are full of oil as well, charged from the source rock Kudu shale.