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  • Oct 24, 2024

      Show headlines and story abstract
    • 5:32PM ET on Thursday Oct 24, 2024 by Dow Jones
      Companies Mentioned: SEI

      PEL 83 Second Exploration Campaign Commencement of Operations -- Spud of Mopane 1-A Well

      TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Sintana Energy Inc. (TSX-V: SEI, OTCQB: SEUSF) ("Sintana" or the "Company") is pleased to provide the following update regarding a second exploration and appraisal campaign on blocks 2813A and 2814B located in the heart of Namibia's Orange Basin, emerging as one of the world's most prospective oil and gas regions. The blocks are governed by Petroleum Exploration License 83 ("PEL 83") which is operated by a subsidiary of Galp Energia ("Galp") of Portugal. Sintana maintains an indirect 49% interest in Custos Energy (Pty) Ltd. ("Custos"), which in turn owns a 10% working interest owner in PEL 83. NAMCOR, the National Petroleum Company of Namibia, also maintains a 10% working interest.

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