Question 1

What did ANCAP suspend for AREA OFF-1 offshore Uruguay until 23 August 2027?

Accepted Answer

ANCAP approved a one-year suspension of the initial exploration subperiod for AREA OFF-1 offshore Uruguay, extending it to 23 August 2027 to complete a two-season 3D seismic programme.

Question 2

Where is Sintana Energy Inc listed?

Accepted Answer

Sintana Energy Inc is listed on the London Stock Exchange’s AIM market (ticker: SEI), the TSX Venture Exchange (TSX‑V), and the OTCQX.

Question 3

What stake does Sintana expect to gain in Namibia’s PEL 37 through the planned Maravilla Oil and Gas acquisition?

Accepted Answer

Sintana expects to gain an indirect 35% interest in PEL 37 by planned acquisition of a 44% interest in Maravilla Oil and Gas, subject to regulatory approvals and standard conditions.

Question 4

What did Argentina’s National Secretariat of Energy do on 21 July 2026 for CAN-200?

Accepted Answer

On 21 July 2026, Argentina’s National Secretariat of Energy formally launched the international public tender for CAN-200. Tender and award milestones determine Challenger’s licence progress.

Question 5

What happened on 21 July 2026 for Sintana’s AREA OFF-1 project?

Accepted Answer

Sintana completed the first-season 3D seismic acquisition for AREA OFF-1 and also started the second 3D seismic season scheduled for Q4 2026. Both milestones are tied to downstream well-drilling decisions.

Question 6

What is the total consideration Sintana Energy agreed to pay for an indirect 5% interest in Block KON-16 in Angola?

Accepted Answer

Sintana Energy agreed to pay total consideration of $2.5m for an indirect 5% participating interest in Angola’s Block KON-16 via CorKon, including a $0.5m payment already made and a further $2.0m payable on completion.

Timeline

Sintana Energy

Sintana signs binding deal for Angola oil block stake

Sintana Energy widens quarterly loss on higher exploration spend

Sintana Energy aquires stake in Namibian explorer Maravilla

Sintana gets Uruguay exploration extension, Argentina tender greenlit

Sintana Energy lifts Mopane estimates ahead of three-well campaign

More in Oil & Gas

Panther Metals raises £2.2m through Canadian flow-through placing

Focus Xplore completes gold portfolio acquisition, repositions as North American explorer

Eco Buildings keeps new production line on schedule and budget

Mkango's HyProMag wins EU strategic project status

DCC Energy agrees Nexora sale, firms up takeover top-up payment

First Tin receives unsolicited takeover approach from Metals X

ECR Minerals finds gold nuggets at Brothers Creek

Mincon bullish as construction demand surges

Caledonia cuts 2026 gold output guidance after weak Blanket quarter

Amigo Resources pauses monthly output data as it scales Tanzania plants

Hargreaves Services wins Sizewell C treatment contract

Browse by Sector

Market reports

Energy & Resources

Financials

Technology

Healthcare

Industrials

Consumer