Sintana Energy Inc.

Sintana Energy Inc. is pleased to provide a further update with respect to its previously announced proposed acquisition of a 49% interest in all of the issued and outstanding shares of Inter Oil Ltd. from Grisham Assets Corp. , all pursuant to a definitive agreement dated September 13, 2021 between the Company, Grisham, Inter Oil and Custos Energy Ltd. . As previously announced, Inter Oil indirectly holds a strategic [...]

Sintana Energy Inc. is pleased to announce that its indirect wholly-owned subsidiary, Patriot Energy Oil and Gas Inc. has entered into an amendment agreement to the farmout agreement with ExxonMobil Exploration Colombia Limited with respect to the 43,158 acres property known as the VMM-37 block located in the Middle Magdalena Valley Basin, Columbia . Patriot and ExxonMobil previously entered into a farmout agreement for [...]

Sintana Energy Inc. is pleased to provide a further update with respect to its previously announced proposed acquisition of a 49% interest in all of the issued and outstanding shares of Inter Oil Ltd. from Grisham Assets Corp. , all pursuant to a definitive agreement dated September 13, 2021 between the Company, Grisham, Inter Oil and Custos Energy Ltd. . Inter Oil is a private Namibian company which indirectly holds a [...]

Sintana Energy Inc. is pleased to announce the appointment of Mr. Robert Bose as President of the Company. Mr. Bose currently serves as a director of the Company and is a Principal of Charlestown Capital Partners where he manages Charlestown Energy Partners, a private investment vehicle focused on investments in energy and commodities globally. Prior to Charlestown, Mr. Bose spent 17 years in the Global Investment Banking [...]

Sintana Energy Inc. is pleased to announce that it has entered into a definitive agreement dated effective September 13, 2021 with Grisham Assets Corp. , a private company owned by Knowledge Katti, providing for the acquisition by the Company of a 49% interest in all of the issued and outstanding shares of Inter Oil Ltd. . Inter Oil is a private Namibian company which indirectly holds a strategic portfolio of offshore [...]

Sintana Energy Inc. is pleased to comment on the ExxonMobil Exploration Colombia Limited bid for a Comprehensive Research Pilot Project in the unconventional formations of Block VMM-37 and its acceptance and award by Colombia's National Hydrocarbons Agency . Block VMM-37 is located in Colombia's prolific Middle Magdalena Basin. Sintana, via wholly owned Patriot Energy Sucursal Colombia , holds an undivided 30 [...]

Sintana Energy Inc. reports that its Board of Directors has approved grants of a total of 2,150,000 incentive common stock options to several directors and officers of the Company, plus five consultants. The options have an exercise price of $0.10, vest in three equal tranches over the next 24 months and expire on December 18, 2025. These grants partially replace 3,550,000 options awarded in 2015 that expired unexercised [...]

Sintana Energy Inc. reports that its Board of Directors has approved grants of a total of 2,025,000 incentive common stock options to several directors and officers of the Company plus one consultant. The options have an exercise price of $0.145, vest in three equal tranches over the next 24 months and will expire on January 30, 2025. The Company also approved grants to four officers of an aggregate of 200,000 restricted [...]

Sintana Energy Inc. is pleased to announce that it has received a partial notice of conversion in respect of its senior convertible debenture in the principal amount of Cdn$650,000 issued on July 24, 2018 . The Debenture has a term of five years and an annual interest rate of 8%, and the principal amount thereof may be converted into common shares of the Company at the option of the holder at a conversion price of [...]

At the request of IIROC, Sintana Energy Inc. wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity. ABOUT SINTANA ENERGY: The Company is engaged in petroleum and natural gas exploration and development activities in Colombia’s Magdalena Basin. Sintana’s exploration strategy is to [...]