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Sintana Energy Inc.
Video analysis: SEUSF
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News: SEUSF
Sintana Energy highlights high-impact Angola opportunity as KON-16 drilling plans advance
Sintana Energy CEO Robert Bose joined Steve Darling from Proactive to provide an update on the company's expanding exposure to Angola and the upcoming
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Sintana Energy advances deal to acquire KON-16 in Angola
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) has signed definitive agreements for its proposed entry into Angola’s Block KON-16, securing...
Sintana Energy advances deal to acquire KON-16 in Angola
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) has signed definitive agreements for its proposed entry into Angola's Block KON-16, securing an indirect 5% participating interest as the partners work towards a pre-salt exploration well in 2027. The company will pay US$2.5 million for the interest, including US$500,000 already paid to Corcel PLC (AIM:CRCL, FRA:RM4B) and a further US$2 million due on completion.
KON-16, Angola: Execution of Definitive Transaction Documentation
TORONTO, ON AND LONDON, UK / ACCESS Newswire / September 10, 2026 / Sintana Energy Inc. (TSX-V:SEI)(AIM:SEI)(OTCQX:SEUSF) ("Sintana" or the "Company") is pleased to announce the entry into definitive agreements for the acquisition of an interest in the Block KON-16 in the onshore Kwanza Basin, Angola, first announced on 14 May 2025. The agreements comprise a share purchase agreement (the "SPA") and a shareholders' agreement (the "Shareholders Agreement") relating to Corcel KON-16 Limited ("CorKon"), the Corcel Plc group company which will hold an 85% participating interest in Block KON-16.
Sintana Energy welcomes TotalEnergies' completed entry into PEL 83
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) said Thursday that TotalEnergies has completed its acquisition of a 40% operated interest in Petroleum Exploration Licence 83 (PEL 83) in Namibia's Orange Basin, home to the Mopane discoveries, in which Sintana holds an indirect stake. PEL 83 is now held by TotalEnergies as operator with 40%, Galp with 40%, NAMCOR with 10%, and Custos Energy (Pty) Ltd.
TotalEnergies' Completes Entry and Becomes Operator of PEL 83
TORONTO, ON AND LONDON, UK / ACCESS Newswire / September 3, 2026 / Sintana Energy Inc. (TSXV:SEI)(AIM:SEI)(OTCQX:SEUSF) ("Sintana" or the "Company") is pleased to announce the completion of the previously announced transaction between TotalEnergies and Galp Energias, under which TotalEnergies has acquired a 40% operated interest in Petroleum Exploration Licence 83 ("PEL 83"), home to the giant Mopane discoveries in Namibia's Orange Basin. PEL 83 is now held by TotalEnergies (40% as operator), Galp (40%), NAMCOR (10%) and Custos Energy (Pty) Ltd.
Sintana Energy highlights robust position as Atlantic Margin assets advance
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) noted its cash balance rose to US$15.5 million at the end of June, giving the Atlantic Margin explorer funding for its currently committed activities over the next 12 months as several drilling and seismic catalysts approach. The explorer, in its interim results statement, reported it ash increased from US$10.3 million at the end of 2025 after the company completed an US$11.5 million gross fundraising in May.
