TORONTO, March 14, 2024 (GLOBE NEWSWIRE) -- Sintana Energy Inc. (TSX-V: SEI, OTCQB: SEUSF) ("Sintana" or the "Company") is pleased to provide the following update regarding the ongoing exploration campaign on blocks 2813A and 2814B located in the heart of Namibia's Orange Basin, emerging as the one of the world's most prospective oil and gas regions. The blocks are governed by Petroleum Exploration License 83 ("PEL 83") which is operated by a subsidiary of Galp Energia ("Galp") of Portugal. Sintana maintains an indirect 49% interest in Custos Energy (Pty) Ltd. ("Custos"), a 10% working interest owner in PEL 83. NAMCOR, the National Petroleum Company of Namibia, also maintains a 10% working interest.
We refer to press releases from Galp (available at galp.com) and Custos (available at newsdirect.com) noting that further to previous updates provided in January, Galp, together with its partners NAMCOR and Custos, has successfully drilled the Mopane-2X well to its designated depth on PEL 83.
Drilling operations encountered a significant column of light oil in reservoirs of high quality.
The AVO-3 exploration target, the AVO-1 appraisal target and a deeper target were fully cored and logged.
The AVO-1 appraisal target found the same pressure regime as in the Mopane-1X discovery well located approximately 8 km to the east, confirming its lateral extension.
The rig will now return to the Mopane-1X well location to conduct a drill stem test until early April.
Galp will continue to analyze the acquired data during the coming weeks to assess the commerciality of the discoveries.
PEL 83 is located immediately north of PEL 39 home to Shell's basin opening discoveries at Graff-1, La Rona-1 and Jonker-1. Additionally, it is located north and east of PEL 56 where TotalEnergies announced its giant oil discovery at Venus-1.
"The continuing success of the exploration campaign further demonstrates the scope and potential of PEL 83. We extend our further congratulations to our partners Galp and NAMCOR." said Knowledge Katti, Chairman and Chief Executive Officer of Custos. "This is another significant milestone for Custos positioning us for further growth and continued success underpinned by our unmatched position in the heart of the basin." he added.
"The announcement of another significant discovery and the appraisal success at the upper target is further testament to the hard work and dedication of the partners involved, as well as another demonstration of the potential for further growth in our oil industry. With this discovery, we are one step closer to harnessing the full potential of this campaign." said Maggy Shino, Petroleum Commission for the Ministry of Mines and Energy. "We are proud to have achieved this milestone." she added.
"This third light oil discovery in the Mopane complex and the appraisal results at the AVO-1 reservoir 8 km away from the 1X location provide further evidence of the scale and quality of our exploration portfolio held through our local partners, including Custos. We continue to be reminded of the timeliness of our entry into Namibia with the ongoing progress and success." said Robert Bose, Chief Executive Officer of Sintana. "We extend our further congratulations to the joint venture partners on this additional success."
ABOUT SINTANA ENERGY:
The Company is engaged in petroleum and natural gas exploration and development activities on five large, highly prospective, onshore and offshore petroleum exploration licenses in Namibia, and in Colombia's Magdalena Basin.
多倫多,2024年3月14日(GLOBE NEWSWIRE)——辛塔納能源公司(TSX-V:SEI,OTCQB:SEUSF)(“Sintana” 或 “公司”)很高興就位於納米比亞奧蘭治盆地中心的2813A和2814B區塊正在進行的勘探活動提供以下最新情況,該區塊正在成爲世界上最具前景的石油和天然氣區之一。這些區塊受83號石油勘探許可證(“PEL 83”)管轄,該許可證由葡萄牙高浦能源(“Galp”)的子公司運營。辛塔納間接持有庫斯托斯能源(私人)有限公司(“Custos”)49%的權益,該公司是PEL 83的10%營運權益的所有者。納米比亞國家石油公司NAMCOR也維持着10%的營運權益。
我們參考了Galp(可在galp.com上獲得)和Custos的新聞稿(可在newsdirect.com上獲得),他們指出,除了先前在1月份提供的最新消息外,Galp與其合作伙伴NAMCOR和Custos一起成功地在PEL 83上將Mopane-2X油井鑽探至其指定深度。
鑽探作業在高質量的儲層中遇到了大量的輕油。
AVO-3 勘探目標、AVO-1 評估目標和更深層次的目標均已完成核心和記錄。
AVO-1 評估目標發現的壓力狀態與位於向東約 8 公里處的 Mopane-1X 發現井中的壓力狀態相同,這證實了其橫向延伸。
該鑽機現在將返回Mopane-1X油井所在地進行鑽桿測試,直至4月初。
Galp將在未來幾周內繼續分析獲得的數據,以評估這些發現的商業性。
PEL 83位於PEL 39以北,殼牌在格拉夫-1、拉羅納-1和Jonker-1的盆地開口發現了這些盆地。此外,它位於PEL 56的北部和東部,TotalEnergies宣佈在Venus-1發現巨型石油。
“勘探活動的持續成功進一步表明了PEL 83的範圍和潛力。我們再次向我們的合作伙伴Galp和NAMCOR表示祝賀。” Custos董事長兼首席執行官Knowledge Katti說。他補充說:“這是Custos的又一個重要里程碑,這使我們能夠進一步增長和持續取得成功,這得益於我們在盆地中心無與倫比的地位。”
“又一項重大發現的宣佈以及上限目標的評估取得成功,這進一步證明了相關合作夥伴的辛勤工作和奉獻精神,也再次表明了我們的石油行業進一步增長的潛力。有了這一發現,我們離充分利用這場運動的潛力又近了一步。” 礦業和能源部石油委員會Maggy Shino說。她補充說:“我們爲實現這一里程碑感到自豪。”
“在Mopane綜合體中發現的第三次輕油發現以及在距離1X地點8公里處的 AVO-1 油層的評估結果進一步證明了我們通過包括庫斯托斯在內的當地合作伙伴持有的勘探投資組合的規模和質量。Sintana首席執行官Robert Bose說,隨着持續的進展和成功,我們繼續被提醒,進入納米比亞是及時的。“我們進一步祝賀合資夥伴取得的額外成功。”
關於 SINTANA ENERGY:
該公司在納米比亞和哥倫比亞的馬格達萊納盆地持有五份大型、極具前景的陸上和海上石油勘探許可證,從事石油和天然氣的勘探和開發活動。