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Ministry of Mines and Energy in Namibia approves an increase in the work program and an extension of First Renewal Exploration Period for PEL 83 to support drilling of an exploration well

Globe Newswire - Tue Jun 21, 2022

TORONTO, June 21, 2022 (GLOBE NEWSWIRE) -- Sintana Energy Inc. (TSX-V: SEI) (“Sintana” or the “Company”) is pleased to announce that the Ministry of Mines and Energy in Namibia has approved an extension to the First Renewal Exploration Period for Petroleum Exploration License 83 (“PEL 83”) providing for an increase to the related work program which will support the drilling of an exploration well currently expected in 2023. Sintana, through its indirect investment in Custos Energy, maintains a 4.9% carried interest in the blocks 2813A and 2814B which are operated through PEL 83. Sintana also owns indirect interests in the adjacent blocks operated through PEL 90 and PEL 87.

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