Sintana Provides Update for PEL 87
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Sintana Energy Inc. provided an update on its involvement in blocks 2713A and 2713B in Namibia's Orange Basin, governed by Petroleum Exploration License 87. The license is operated by Pancontinental Orange Pty Ltd., with Sintana holding a 49% indirect interest in Custos Investments, which has a 15% stake.
March 18, 2025 | 11:30 am
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Sintana Energy has provided an update on its indirect involvement in PEL 87 in Namibia, where it holds a 49% indirect interest in Custos Investments, which has a 15% stake in the project.
The update highlights Sintana's indirect involvement in a significant exploration project in Namibia, which could positively impact its stock price due to potential future developments.
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