Sintana Energy Inc. reports that ExxonMobil sent Patriot Energy Oil and Gas Inc. , a subsidiary of the Company, a notice stating that, based on the terms of the Joint Operating Agreement between ExxonMobil and Patriot , it had decided to withdraw from the JOA as of May 31, 2023. The notice also states that ExxonMobil will withdraw from the Contract with the Agencia Nacional de Hidrocarbons , effective after obtaining [...]
Sintana Energy Inc. is pleased to announce that Woodside Energy , Inc., a wholly-owned subsidiary of Woodside Energy Group Ltd. has entered into an agreement whereby it has the option to acquire a 56% Participating Interest in Petroleum Exploration License 87 , in consideration for, among other things, paying the full cost for a 3D-seismic survey covering an area of at least 5,000 square kilometres within the area the [...]
Sintana Energy Inc. is pleased to provide the following update on several matters including a recently approved extension to Petroleum Exploration License 87 , a year-end review and 2023 outlook, and summary of incentive awards approved at the Company's annual general meeting. "2022 was a seminal year in Sintana's history underpinned most notably by our entry into Namibia in March," said Robert Bose, President and [...]
Sintana Energy Inc. is pleased to announce its successful upgrade from OTC Pink to OTCQB Venture Market , a United States trading platform that is operated by the OTC Markets Group Inc. in New York. The common shares of the company will continue to trade on the TSX-V under the symbol "SEI". "We are delighted to join over 900 other companies on the OTCQB. This new quote will provide additional liquidity and provide access [...]
Sintana Energy Inc. is pleased to announce that Trago Energy Limited , a Namibian affiliate of the Company, has completed a transaction with Chevron Namibia Exploration Limited, a wholly-owned subsidiary of Chevron, in respect of its interest in Petroleum Exploration License 90 located in the Orange Basin in Namibia. Trago will retain a 10% interest in PEL 90 ON Block 2813B. Chevron will carry Trago through initial [...]
Sintana Energy Inc. today announced that Robert Bose, President & Director, will be attending the Q3 Virtual Investor Summit together with Keith Spickelmier, Executive Chairman. They will touch upon activity and the outlook for Sintana's assets in Colombia and Namibia, the two jurisdictions in which it currently has interests. Investors can expect an update on the recent activity associated with the Ministry of Mines and [...]
Sintana Energy Inc. is pleased to announce the engagement of Harbor Access LLC, an Investor Relations firm with offices in the US and Canada. Harbor Access will provide Investor Relations support to the Company including enhancing Sintana's communications and investor outreach efforts. "Having recently completed our strategic acquisition in Namibia with significant catalysts on the horizon there, and in Colombia, it is [...]
Sintana Energy Inc. reports that its Board of Directors has approved grants of a total of 7,750,000 incentive common stock options to several directors and officers of the Company and six consultants. The options have an exercise price of $0.165, vest in three equal tranches over the next 24 months and will expire on March 24, 2027. The Company also approved grants to several directors and officers of an aggregate of [...]
Sintana Energy Inc. is pleased to announce that it has closed its previously announced marketed public offering conducted by Echelon Capital Markets as lead agent and sole bookrunner, pursuant to which it issued an aggregate of 88,550,000 units of the Company, at a price of $0.15 per Unit, to raise aggregate gross proceeds of $13,282,500 . The Offering was effected pursuant to a final short form prospectus of the Company [...]
Sintana Energy Inc. is pleased to announce that, due to strong investor demand, it has increased the size of its previously announced marketed public offering of units of the Company. Under the amended terms, the Company intends to issue the Units at a price of $0.15 per Unit for minimum gross proceeds of $7,325,000 and a maximum gross proceeds of $11,550,000 . With respect to the upsize of the Offering, an amended and [...]
Sintana Energy Inc. is pleased to announce that further to its press release dated January 20, 2022, it has filed a preliminary short form prospectus with the securities commissions or similar regulatory authorities in each of the provinces of Canada, other than Quebec , in connection with a marketed public offering of units of the Company, at a price of $0.15 per Unit, for gross proceeds of a minimum of $7,000,000 and a [...]
Sintana Energy Inc. is pleased to announce that it has closed its previously announced non-brokered private placement , pursuant to which it has issued an aggregate of 5,128,205 common shares at a price of US$0.117 per share to Charlestown Energy Partners, LLC to raise aggregate gross proceeds of US$600,000. The gross proceeds of the Offering will be used for general corporate purposes and to fund a deposit in the amount [...]
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