Sintana Energy Inc (SEUSF)

[farrell90]

Sintana releases more good news.
Custos Energy (Pty) Ltd. (“Custos” or the “Company”) is pleased to announce that Chevron Namibia Exploration Limited (“CNEL”), an affiliate of Chevron Corp. (“CVX”) has executed an agreement that provides for their entry in Petroleum Exploration License 82 (“PEL 82) with the assumption of an 80% working interest and operatorship. NAMCOR, the National PetroleumCorporation of Namibia, and Custos will each maintain a 10% carried interest in PEL 82.PEL 82 governs blocks 2112B AND 2212A located in the Walvis Basin, offshore Namibia. PEL 82 is one of the Walvis Basin’smost attractive opportunities.

Sintana owns 49% of Custos

https://finance.yahoo.com/news/pel-82-chevron-farm-154633336.html