Sintana Energy Inc. has closed its acquisition of an initial 49% interest in Giraffe Energy Investments (Pty) Ltd. Giraffe is the owner of a 33% interest in Petroleum Exploration License 79, which governs blocks 2815 and 2915, located inboard of blocks operated by BW Energy, Rhino Resources and Shell.
Shares of Sintana Energy Inc. (CVE:SEI – Get Free Report) dropped 5.8% on Friday after an insider sold shares in the company. The stock traded as low as C$1.28 and last traded at C$1.30. Approximately 694,793 shares traded hands during trading, a decline of 42% from the average daily volume of 1,193,973 shares. The stock […]
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A second expedition in Galp Energia’s Mopane petroleum exploration licence (PEL 83) in the Orange Basin offshore Namibia was completed by mid-March, with a "significant column of.