Sintana Energy Inc V.SEI

Great news! patience.

[barolo19]

Total should be coming out with something soon in regards to block 2913b tamboti 1x exploration well. If I remember correctly they spudded before us but have a greater water depth to deal with.

Anyhow great news we have a behemoth!! bought some more.

[hikari]

Galp spuds second appraisal well on massive Namibia discovery — exploration well is next "Galp Energia has spudded an appraisal well on its huge Mopane discovery offshore Namibia and has also identified the targets for its third exploration probe in its prolific Petroleum Exploration Licence 83 in the Orange basin. In April, after drilling two exploration wells and carrying out a drill stem

[hikari]

After this "ballsy" move with every additional well drilled we have another very strong evidence that Mopane is THE sweet spot in the Orange Basin and lucky Sintana is part of this party.

[hikari]

https://theextractormagazine.com/2024/12/15/qatarenergy-acquires-27-5-in-chevrons-harmattan-energy-to-expand-namibian-footprint/ QatarEnergy has agreed with Harmattan Energy Limited (HEL), an indirect subsidiary of Chevron Corporation, to acquire a working interest in the PEL 90 on Block 2813B offshore Namibia. QatarEnergy will acquire a 27.5% interest, while HEL (the operator) will retain a

[hikari]

https://www.deloitte.com/content/dam/assets-zone1/na/en/docs/services/risk-advisory/2024/IBS_Namibia_Full_Report_2024.pdf

[lngisforme]

Things are heating up quickly.  PEL90  Harmattan Energy (Chevron) 52.5% Quatar Energy 27.5% Trago Energy (Sintana 50%) 10% Namcor Energy (state owned) 10% 10 exploration wells planned 5 Exploration & 5 appraisal wells Kapana 1x prospect to be spud and begin drilling this week by the Deepsea Bollsta semi submersible drilling rig.  Trago and Namcor fully carried on 1st

[MrMoMnyMgr1995]

And, should the first drill be deemed a success, a bonus to cover and be carried for drill #2...

[MrMoMnyMgr1995]

Unlike a mid size operator who is willing to take on risk to provide for future carry, Chevron is looking and planning to share long term risk and expenses. Very telling and positive in both company's decision...

[hikari]

from X @TommyDeepwater It is peak exploration season in Namibia  and Galp accelerated its PEL 83 exploration and appraisal program after positive Mopane-1A results. Rather than waiting for summer 2025, Galp began its fourth Mopane well and will drill its fifth in early 2025 #OOTT (1) In April 2024, Galp announced the light oil and gas condensate Mopane discovery with in

[Theonewhostocks]

Lol! Galp sure is slow to put out updates. We were all waiting for the news about this spud, and here it is. They started drilling 10 days ago. This is going to be an exciting adventure sooner rather than later.

[lamboperthv10]

Great post. There may be some confusion as to the labels of the AVO's as used by Galp. Note there are only three types of AVO-Class 1, 2 and 3. Galp are using their 'AVO' numbers to define a specific horizon within the Cretaceous sequence. So my interpretation of 'AVO-13' is that there is an AVO in the  horizon they are calling '13'. GALP don't specify if it is

[MrMoMnyMgr1995]

26 anomalies in Mopane, 79 accross the block...

[hikari]

BP and ENI position themselfes in the Orange Basin in Namibia offshore. https://www.upstreamonline.com/exploration/azule-secures-stake-in-prime-namibia-block-hours-after-drilling-starts-on-exploration-well/2-1-1756226