SEI Sintana Energy Inc.

Sintana Energy CEO Robert Bose joined Steve Darling from Proactive to provide an update on the company's expanding exposure to Angola and the upcoming exploration program at the highly prospective KON-16 block, while also outlining several key catalysts across its broader international portfolio. Bose said Sintana has structured its investment in KON-16 to provide significant upside while maintaining a capital-efficient approach. The company holds a small direct working interest in the block, along with a 2.5% profits interest on the first $50 million of profits generated from the project. Thereafter, Sintana would retain a 1.5% profits interest. According to Bose, the company's strategy has always focused on gaining exposure to potentially transformational discoveries without assuming the full capital burden typically associated with large-scale exploration projects. One of the most compelling aspects of KON-16 is its geological setting within Angola's Kwanza Basin, a region known for its prolific pre-salt petroleum systems. Bose explained that the basin offers a rare combination of offshore-scale resource potential with significantly lower onshore drilling costs. Technical work conducted over the last 18 months has identified several initial prospects believed to contain more than 300 million barrels of recoverable oil. At the same time, individual exploration wells are expected to cost less than $25 million to drill, creating what Bose described as a highly attractive risk-reward proposition. Planning for the first exploration well continues to move forward, with drilling currently expected to begin during the first half of next year. The company and its partners are advancing operational preparations and well design work while simultaneously evaluating opportunities to further strengthen the project through strategic partnerships. Bose noted that interest from potential farm-in partners has been encouraging, with several significant industry participants expressing interest in the project. Bringing in a partner could help reduce capital requirements and further de-risk the planned two-well exploration campaign while maintaining meaningful upside exposure. In Namibia, activity continues on PEL-83, where exploration and appraisal programs remain active as companies seek to build on the country's recent offshore exploration success. Another exploration well in the Orange Basin is expected during the fourth quarter, providing additional near-term news flow and potential value catalysts. The company is also advancing farm-out discussions related to its assets in Uruguay as it seeks to attract partners capable of accelerating exploration activity while preserving capital. In Colombia, Bose said Sintana continues to work toward completing a transaction involving its legacy asset position, a move that could further streamline the company's portfolio and sharpen its focus on high-impact exploration opportunities. #proactiveinvestors #sintanaenergyinc #tsxv #sei #otcqb #seusf #OilAndGas #Angola #KON16 #KwanzaBasin #EnergyExploration #Namibia #OrangeBasin #PEL83 #OilDiscovery #EnergyStocks #ResourceInvesting #FrontierExploration #EnergySector #OilAndGasInvesting

Sunda Energy PLC (AIM:SNDA, FRA:GHA0) expects its New Zealand acquisition to complete around late September or early October. The producing assets averaged over 1,000 barrels of oil equivalent a day in H1, and it's also opened a capital access window in London while exploring funding options. Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) has signed a deal for a 5% stake in Angola's Block KON-16, paying $2.5 million for the interest. Partners are now working towards a pre-salt exploration well in 2027. Ilika PLC (AIM:IKA, OTCQX:ILIKF, FRA:I8A) has completed a grant-backed programme boosting energy density and cycle life in its Goliath battery prototypes. It's also kicked off a 12-month joint development deal with iconic folding bike maker Brompton. Ariana Resources PLC (AIM:AAU, ASX:AA2, FRA:4A6) has returned broad gold zones from drilling at its 1.6 million ounce Dokwe project in Zimbabwe, including one hole at nearly 47 grams per tonne. Samples are now being shipped to China for feasibility-level testwork. MP Evans Group PLC (AIM:MPE) could expand its Kota Bangun palm oil project in East Kalimantan by over 3,000 hectares after a $2 million land deal. It's spending around $20-25 million bringing the new areas into production, feeding into its existing mills. Follow us and subscribe on YouTube, our social channels, and on proactiveinvestors.co.uk.

Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) has signed definitive agreements for its proposed entry into Angola’s Block KON-16, securing an indirect 5% participating interest as the partners work towards a pre-salt exploration well in 2027. The company will pay US$2.5...

Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) said Thursday that TotalEnergies has completed its acquisition of a 40% operated interest in Petroleum Exploration Licence 83 (PEL 83) in Namibia's Orange Basin, home to the Mopane discoveries, in which Sintana holds an indirect...

Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) noted its cash balance rose to US$15.5 million at the end of June, giving the Atlantic Margin explorer funding for its currently committed activities over the next 12 months as several drilling and seismic catalysts approach. The...

hVIVO PLC (AIM:HVO) has bought a Berlin clinical research unit for just €250,000 upfront. Most of the price is tied to future revenue, keeping the deal self-funding. Rome Resources Plc (AIM:RMR) has returned strong tin and tungsten results from its New Brunswick exploration in Canada. Trenching starts in September, with a possible drill campaign lined up for 2027. Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) called Q2 its "best quarter yet," with adjusted EBITDA up 300% year on year. Revenue more than doubled thanks to growth in Colombia's Tapir block. Bradda Head Lithium Ltd (AIM:BHL) says a £2.28 million post-year-end fundraise has strengthened its balance sheet. It's now accelerating drilling at its Whistlejacket and San Domingo projects in Arizona. Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) says its cash balance rose to $15.5 million at the end of June. That funds its committed work for the next year as several drilling catalysts approach. Light Science Technologies Holdings PLC (AIM:LST, FRA:9FD) says a new £800 million procurement framework signals the UK building remediation market is picking up. The framework will be open to housing associations, local authorities, NHS bodies, emergency services, schools and universities. Follow us and subscribe on YouTube, our social channels, and on proactiveinvestors.co.uk. Read Proactive's Editorial Policy here: https://www.proactiveinvestors.co.uk/pages/editorialPolicy

Sintana Energy CEO Robert Bose joined Steve Darling from Proactive to discuss the company’s agreement to acquire a 44% interest in Maravilla Oil and Gas, a privately held Namibian exploration company focused on high-impact energy opportunities across West Africa. The transaction provides Sintana with indirect exposure to Petroleum Exploration License 37 (PEL 37) offshore Namibia, one of the largest and most prospective exploration licenses in the Walvis Basin. Maravilla owns an 80% controlling interest in Paragon Oil and Gas, which holds a 100% operated interest in PEL 37. Through its investment in Maravilla, Sintana will gain an indirect 35% interest in the offshore license. PEL 37 covers approximately 17,295 square kilometres in relatively shallow offshore waters ranging from 100 to 1,500 metres in depth. The block benefits from extensive technical work already completed, including more than 2,800 square kilometres of 3D seismic coverage, approximately 1,000 kilometres of 2D seismic data, and historical drilling activity. Multiple large fan structures have been identified above a proven oil-prone Aptian source rock, creating what management believes is a compelling exploration opportunity. A key attraction for Sintana is PEL 37’s strategic location adjacent to acreage where major international energy companies are preparing for future exploration activity. The license sits near PEL 82, operated by an affiliate of Chevron, where Sintana already has indirect exposure through its 49% ownership stake in Custos Energy. Chevron has indicated that exploration activities, including a potential inaugural exploration well, could take place in 2027. On PEL-83 and the Mopane discovery, Bose says both Galp and Total have publicly indicated a crescendo of activity beginning in late Q4, comprising an initial three-well exploration and appraisal programme. The programme is aimed at adding volumetrics to existing discoveries and appraising wells ahead of a potential FID in 2028. Bose says the campaign appears on track based on both public statements from the operators and what Sintana sees from the inside. Bose also highlights Sintana's Uruguay position, where partners alongside Sintana include APA, ENI, Shell, and QE, describing the strategy in both countries as finding jurisdictions where opportunity scale attracts major partners and creates M&A optionality. #proactiveinvestors #sintanaenergyinc #tsxv #sei #otcqb #seusf #invest #investing #PEL83 #RobertBose #GalpEnergia #SintanaEnergy #NamibiaOil #OffshoreExploration #WalvisBasin #OilAndGas #EnergyStocks #WestAfricaEnergy #PEL37 #EnergyInvestment #ResourceInvesting

Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) is expanding its footprint in Namibia's Walvis Basin, striking a deal to acquire a 44% interest in Maravilla Oil and Gas for US$6.5 million, a move that hands the company an indirect 35% stake in a prospective offshore license...

ImmuPharma PLC (AIM:IMM, FRA:25I) has signed up Kymos Group as its bioanalytical partner for diabetes drug Kapiglucagon. That completes the outsourced team needed to file for human trials in the US. ValiRx PLC (AIM:VAL, FRA:EAJF) is set to get a second European patent for its cancer-killing peptide from subsidiary Cytolytix. It's targeting triple negative breast cancer and is in talks with a major pharma company. Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF, FRA:TMU) has drilled some strong copper and silver hits at its Mushima North project in Zambia. Lab results are due in the coming weeks, with a resource estimate targeted by the end of the year. Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) has kept its 2026 gold production target after output jumped 18% quarter on quarter. Revenue, profit and earnings per share were all up sharply too. Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) will talk to shareholders after a third voted against its new equity pay plan. All resolutions still passed, and the CEO says big catalysts are coming over the next year. Follow us and subscribe on YouTube, our social channels, and on proactiveinvestors.co.uk.

Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) said it will engage with shareholders after 33.47% voted against its new equity compensation plan, despite all resolutions passing at the company’s annual meeting. The plan secured 66.53% support. Sintana said the opposition...

Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) president Eytan Uliel joined Proactive's Stephen Gunnion to discuss two significant developments across the company's Latin American portfolio. On Uruguay, Uliel said the exploration timetable for its AREA OFF-1 block has been extended by a year, after Chevron split its 3D seismic programme into two seasons after the government required a fishing-season break between April and October. The first season is complete and being processed, the second kicks off at year-end, with a well decision still expected around September 2027 and drilling targeted for 2028. On Argentina, Uliel revealed that Sintana has spent more than 18 months pursuing a private initiative to secure a licence over the CAN-200 offshore block. A government decree has now opened the block to international tender. Because Sintana initiated the process, it holds a preferred position, giving it the right to match any competing bid. He also flagged strong farm-out momentum at AREA OFF-3, Sintana's 100%-held second Uruguay block, with QatarEnergy and Chevron active on adjacent acreage and a farm-out expected to close by year-end. With Namibia and Angola also in the mix, Uliel described an active six to twelve months ahead. For more interviews and market insights, visit the Proactive YouTube channel. Don't forget to like this video, subscribe to the channel and enable notifications so you never miss future updates. Read Proactive's Editorial Policy here: https://www.proactiveinvestors.co.uk/pages/editorialPolicy #SintanaEnergy #SEI #offshoreexploration #oilandgas #Uruguay #Argentina #Namibia #Chevron #juniorexploration #resourceinvesting

Galliford Try (LSE:GFRD) has secured places across all five regional lots of a £9.5 billion public sector construction framework covering schools, colleges, universities and healthcare buildings across Great Britain. The framework can run for up to eight years. Poolbeg Pharma (AIM:POLB) has received a Notice of Allowance from the Israeli Patent Office for its POLB 001 cytokine release syndrome patent, following earlier grants in Europe, Australia and Canada. The growing patent estate is expected to strengthen the drug's appeal to potential commercial partners. Tertiary Minerals (AIM:TYM) has reported encouraging early drilling results at its Mushima North project in Zambia, with preliminary readings showing up to 45 metres at 0.41% copper and silver readings of up to 214 grams per tonne. The company has completed 22 holes of its 4,000-metre programme, with lab results due in the coming weeks. Sintana Energy (AIM:SEI) says its Uruguay exploration timetable has been pushed back a year after delays in environmental approvals, while Argentina has moved towards a formal international tender for an offshore block Sintana's Challenger Energy previously flagged interest in. Follow us and subscribe on YouTube, our social channels, and on proactiveinvestors.co.uk. Read Proactive's Editorial Policy here: https://www.proactiveinvestors.co.uk/pages/editorialPolicy

Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) said the exploration timetable for its offshore Uruguay interests has been extended by a year, while an Argentine offshore licensing opportunity moved towards a formal international tender. Uruguay’s state-owned energy company and...