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Sintana Energy ( (TSE:SEI) ) has shared an announcement.
Sintana Energy Inc. announced successful drilling and discoveries at the Mopane-3X well in Namibia’s Orange Basin. The well revealed significant columns of light oil and gas-condensate in high-quality sandstones, enhancing the company’s exploration prospects and potentially strengthening its position in the energy market.
More about Sintana Energy
Sintana Energy Inc. operates in the energy sector, focusing on oil and gas exploration. The company holds an indirect interest in Custos Energy, which has a stake in Petroleum Exploration License 83 in Namibia’s Orange Basin.
YTD Price Performance: -34.55%
Average Trading Volume: 557,678
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$268.8M
For an in-depth examination of SEI stock, go to TipRanks’ Stock Analysis page.