Sintana Energy acquires stake in Giraffe Energy to enhance presence in Namibia’s Orange Basin

Sintana Energy acquires stake in Giraffe Energy to enhance presence in Namibia’s Orange Basin

Sintana Energy Inc. (TSX-V: SEI, OTCQB: SEUSF) has successfully completed its acquisition of an initial 49% interest in Giraffe Energy Investments (Pty) Ltd. for a transaction value of US$2 million. This strategic acquisition, finalized through a definitive agreement with Crown Energy (Pty) Ltd., dated April 24, 2024, positions Sintana in the promising Petroleum Exploration License […]

Sintana Energy partners with Chevron in Namibia’s offshore exploration

Sintana Energy partners with Chevron in Namibia’s offshore exploration

Sintana Energy Inc. (TSX-V: SEI, OTCQB: SEUSF) has announced a significant advancement in its offshore operations in Namibia through a new partnership with Chevron Namibia Exploration Limited (CNEL), an affiliate of Chevron Corp. (CVX). Effective April 28, Chevron has taken an 80% working interest and operatorship in Petroleum Exploration License 82 (PEL 82), signaling a […]