Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF) CEO Robert Bose talked with Proactive about the latest developments related to PEL 83 following the announcement that TotalEnergies will enter the project as operator. Bose explained that the transaction marks a significant step forward for the block, which sits at the heart of Namibia's Orange Basin.
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF) said that TotalEnergies will take over as operator of Namibia's PEL 83 and acquire a 40% stake in the exploration block under a new agreement with Galp Energia, adding fresh momentum to activity in the country's prolific Orange Basin. Galp, which currently operates the licence and holds an 80% interest, announced the deal on its corporate website.
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF) CEO Robert Bose talked with Proactive about the company's latest operational developments across Namibia and Angola. Proactive: Welcome back inside our Proactive newsroom.
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF) has struck a deal to open new exploration opportunities in Angola, giving it a stake in a project as well as a partnership to seek new targets. A strategic partnership with Corcel sees Sintana acquire an indirect 5% net interest in the KON-16 block in the onshore Kwanza Basin.
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF) earlier this week shared new details around exploration activities offshore Namibia, highlighting developments in Petroleum Exploration Licence 83 (PEL 83) and the Mopane project. The company told investors that Galp, the operator, has confirmed an estimate of 10.00 billion barrels of original oil in place for its first two Mopane wells.
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF) said on Monday that efforts are underway to secure a new farm-in partner for Petroleum Exploration License 87 (PEL 87) in Namibia's Orange Basin after Woodside Energy (GOM) Inc. decided not to exercise its option to participate in the project.
Canada's natural resources and technology sectors continue to shape the country's economic future, as highlighted in the 2025 TSX Venture 50 ranking. The list, revealed Wednesday, showcases the top 50 performing early- and growth-stage companies on the TSX Venture Exchange (TSXV).
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF) has provided an update on the Kapana 1-X exploration well, located on Block 2813B under Petroleum Exploration License 90 (PEL 90), located in Namibia's Orange Basin. The license is operated by Harmattan Energy Limited, an indirect subsidiary of Chevron Corporation.
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF) has provided an update on the second exploration campaign on blocks 2813A and 2814B, governed by Petroleum Exploration License 83 (PEL), in Namibia's Orange Basin. Sintana holds a 49% interest in Custos Energy, which owns a 10% working interest in PEL 83.
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF) has hailed results from drilling of the Mopane-1A appraisal well in the PEL 83 licence off the coast of Namibia. Joint venture partners Galp and Custos, of which Sintana owns 49%, reported the well had been successfully drilled, cored and logged between October 23 and November 28, Sintana highlighted.
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF) announced that a second exploration and appraisal campaign has commenced on blocks 2813A and 2814B, governed by Petroleum Exploration License 83 (PEL) in Namibia's Orange Basin, in which the company holds an indirect interest. The drill ship Santorini has arrived on site, with the Mopane 1-A well spud at 11.30pm local time on October 23.
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF), a petroleum and natural gas exploration and development company, has officially upgraded its trading status to the OTCQX Best Market, effective today. The transition from the OTCQB Venture Market to OTCQX is a significant milestone for the company, aimed at enhancing visibility and access for US investors.