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home / news releases / ZDEXF - Sintana Energy investors getting exposure to supermajor-level exploration targets — Analyst


ZDEXF - Sintana Energy investors getting exposure to supermajor-level exploration targets — Analyst

(NewsDirect)

Founding Partner of Auctus Advisors LLPStephane Foucaud speaks to Thomas Warner from Proactive about SintanaEnergy (TSX-V:SEI) (OTCQB:SEUSF) and its prospects in the offshoreNamibian energy sector.

Namibia,historically overlooked in the oil and gas industry, has seen atransformative shift with major discoveries by Shell and TotalEnergiesin the Orange Basin. Foucaud explains that Sintana Energy, being asmaller player, secured its position in a competitive region throughastute timing. Acquiring exploration licenses just months before thepivotal discoveries, the company strategically partnered with Chevronand Woodside, who quickly invested around $40 million each for seismicexploration on Sintana's licenses.

The interview revealed that Sintana has not disclosed specificresource estimates, but based on the substantial investments made byits partners, the potential value of its blocks is estimated to besignificant. Moreover, a similar company, Impact Oil & Gas, with a20% stake in a discovery with Total, recently raised $800 million,suggesting substantial value for Sintana's assets. Notably,Sintana benefits from a unique funding arrangement. Its partners,including Chevron and Woodside, carry the substantial drilling costs,reducing the risk of dilution for Sintana and its shareholders.

Foucaud suggests overall that SintanaEnergy's strategic timing and partnerships position it favourablyin Namibia's burgeoning offshore energy sector,

ContactDetails

Proactive Investors

+1 604-688-8158

na-editorial@proactiveinvestors.com

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Stock Information

Company Name: Mobius Resources Inc
Stock Symbol: ZDEXF
Market: OTC
Website: sintanaenergy.com

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