Sintana Energy Inc. · TSXV:SEI
Sintana Energy — Investor Presentation (March 2025)
26 slides from Sintana Energy's investor presentation, March 2025
Slide 1: Corporate Presentation March 2025
CORP OR ATE PR ES ENT A T I O N MA RC H 20 25 E x p l o r i n g A B e t t e r W a y TM S i n t a n a E n e r g y. c o m Photo: r/Ships - Santorini Drilling at PEL 83 2025 © Sintana Energy Inc. All Rights Reserved
Slide 2: Overview
Overview SINTANA ENERGY is a TSX-Venture and OTCQX listed company focused on managing a portfolio of oil and gas resource opportunities requiring minimal additional capital from the Company. ii
Slide 3: Why Invest
Why Invest Uniquely Positioned `` Namibia’s Orange Basin: A world-class hotspot for multi-billion- at the Heart of the barrel oil and gas discoveries. World’s Exploration `` Global Interest: Major players like Chevron, Galp, TotalEnergies, Hotspot Azule (BP/ENI), QatarEnergy and Woodside are active
Slide 4: Corporate Summary
Corporate Summary A portfolio with potential for large outcomes and minimal capital needed from Sintana. `` Targeting opportunities in regions where exploration and development activities are increasing. `` Partnerships with proven operators and industry leaders. `` Management has significant experi
Slide 5: Namibian Portfolio
Namibian Portfolio Sintana has a diversified portfolio with exposure to world class discoveries with significant exploration upside. Orange Basin Licenses KAVANGO BASIN N `` PEL 83 – operated by Galp 103 WATERBERG WALVIS BASIN `` PEL 87 – optioned by Woodside BASIN 82 `` PEL 90 – operated by Chevron
Slide 6: Our Orange Basin Portfolio
Our Orange Basin Portfolio `` PEL 83 is home to the Mopane light oil discoveries; recently LUDERITZ completed appraisal wells confirmed the extension and quality of the discovery. PEL 87 Saturn NAMIBIA Africa Superfan `` PEL 87 includes the Saturn Superfan, one of the largest hydrocarbon Namibia com
Slide 7: Orange Basin Licenses & History
Orange Basin Licenses & History Orange Basin Block PEL 79 PEL 83 PEL 87 PEL 90 Operator Namcor Galp Pancon/Woodside (1) Chevron Block 2815/2915 2813A/2814B 2713 2813B Interest 16.7% (Giraffe) (2) 4.9% (Interoil) (3) 7.3% (Interoil) (3) 4.9% (Interoil) (3) Carry - Until Production Until Development S
Slide 8: A Global Exploration Hotspot
A Global Exploration Hotspot `` Recent Successes: Giant discoveries by TotalEnergies, Shell and LUDERITZ Galp have ignited activity. PEL 87 `` Discoveries Appraised: Operators have completed drill stem tests SATURN SUPERFAN NAMIBIA (DST) confirming the high reservoir quality of the discoveries. (2,4
Slide 9: Historic Exploration Success
Historic Exploration Success Orange Basin explorers have achieved exceptional, globally unmatched drilling success rates. 12 Wells Drilled Wells Currently Exploration Exploration 11 Drilling Wells Drilled (1) Success Rate 2 17 69% 10 9 8 7 Operator 6 TotalEnergies 5 4 Shell Appraisal Wells Overall S
Slide 10: PEL 83 | Mopane Light Oil Discoveries
PEL 83 | Mopane Light Oil Discoveries `` Galp Energia is the operator (80% interest). - 15 -50 -10 N 00 -20 0m `` In early 2024, Mopane-1X encountered significant light oil columns 00 PEL m 00 m 87 m at AVO-1 and AVO-2. Moosehead-1 `` Mopane-2X (8km offset -1X) appraised AVO-1, discovered AVO-3, and
Slide 11: Mopane | 5 Wells 100% Success Rate
Mopane | 5 Wells 100% Success Rate Operated by: -1000 -15 -20 Significant Light Oil 00 00 m m Columns of High Quality m -2X (Q2/24) AVO 1 & 3 Reservoir Sands -2A (Q4/24) -1X (Q1/24) AVO 3 & 4 AVO 1 & 2 Good Porosities, 4 km High Pressures and -3X (Q1/25) Permeabilities. -1A (Q4/24) AVO 10 & 13 AVO
Slide 12: PEL 90 | Chevron Farm-in
PEL 90 | Chevron Farm-in `` Chevron Namibia Exploration Limited farmed into 80% working -2 0 - 25 -300 N interest in PEL 90 and became operator in October 2022. 00m 00 m PEL 0m 87 `` Completed 6,500 km² 3D seismic survey in mid 2023 at an estimated Moosehead-1 cost of US$40 million. -35 `` Partners
Slide 13: PEL 87 | Saturn Super Fan
PEL 87 | Saturn Super Fan `` In 2023, Woodside Energy entered into an option agreement to N acquire 56% interest in PEL 87, pending completion of 3D seismic -50 - 10 -15 -20 0m 00 acquisition and analysis. 00 m 00 m m -25 00 `` Completed 6,593 km² 3D seismic survey in mid-2023 at an estimated m -30
Slide 14: PEL 87 | Super Fan Deposits
PEL 87 | Super Fan Deposits `` Recent discoveries in Namibia suggest a world-class hydrocarbon Saturn Super Fan Venus Super Fan PANCONTINENTIAL basin with geology similar to offshore Brazil, Ghana, and Guyana. (PEL 87) TOTALENERGIES (PEL 56) `` PEL 87 hosts the Saturn Floor Fan (2,400 km2) and Satur
Slide 15: PEL 79 | Operated by Namcor
PEL 79 | Operated by Namcor `` NAMCOR is the operator of PEL 79 with a 67% working interest, -10 -200 N Giraffe Energy holds 33%. 0m m 3D SEISMIC (1137 km2) `` Sintana holds a 49% interest in Giraffe, with an indirect 16.2% NAMIBIA interest and an option to increase ownership to 67%. `` PEL 79 is lo
Slide 16: High Activity Level | Catalysts
High Activity Level | Catalysts INDICATIVE TIMETABLE Permit Q1/24 Q2/24 Q3/24 Q4/24 Q1/25 Q2/25 Q3/25 Q4/25 Completed Acquired 16% Evaluate Data & Plan PEL 79 Evaluate Data & Plan Additional Work Programs Evaluation in PEL 79 Work Program Farm-out Chevron Evaluate Data & Plan PEL 82 Evaluate Data &
Slide 17: Kudu Development
Kudu Development `` The Kudu gas field, discovered in 1974 and operated by BW Energy N Luderitz (95% WI), is located in the Orange sub-basin. `` Between 1974 and 2014, Chevron, Shell, and Tullow drilled a total of 8 wells. PEL NAMIBIA 87 `` BW Energy purchased a semi-submersible rig in Q1/22 to serv
Slide 18: Namibia Offshore | Geological Setting
Namibia Offshore | Geological Setting SW Jonker Graff Mopane Kudu Ibhubesi K-J1 NE X Seismic gas chimneys Gas X' KILOMETERS and seeps seeps Sea Level SOUTH ATLANTIC 22At1 17At1 Tertiary OCEAN 4 ian Drift Carbonate/Marlstone Santonian Coniac 15At1 Margin 2 hinge Turonian 4 Drift Cen Fluorescence 14At
Slide 19: PEL 82 | Walvis Basin Project
PEL 82 | Walvis Basin Project `` Chevron Namibia Exploration Limited farmed into 80% interest in N PEL 82 and assumed operatorship in April 2024. -2 0 -10 0m 00 3D Survey m `` NAMCOR and Custos (Sintana 49%) each maintain a carried 10% (galp 2018) interest. `` 3D seismic coverage (~7,920 km²) spans
Slide 20: PEL 103 | Onshore Waterberg Basin
PEL 103 | Onshore ANGOLA `` PEL 103 is located in the North-East corner of Namibia, in the Waterberg Basin. Etosha ST-1 6-1 PEL Strat Well PEL PEL 73 8-2 B 73 Naingopo-11-1 6-2 73 `` The Waterberg Basin shares similarities with ReconAfrica’s Kavango Owambo Basin Kambundu 12-1 Basin acreage, as confi
Slide 21: Colombia's Magdalena Basin | VMM-37
Colombia’s Magdalena Basin | VMM-37 `` In 2011, Sintana was awarded the Licence contract for Block VMM-37 (43,000 acres) located in the prolific Middle Magdalena Basin. VENENZUELA Upper `` Sintana entered into a Farmout agreement with ExxonMobil Colombia Magdalena (operator) in 2012 whereby ExxonMob
Slide 22: Management & Directors
Management & Directors KEITH SPICKELMIER ROBERT BOSE DOUG MANNER Executive Chairman CEO, Director President & Director Attorney - Capital Markets and Investment Banker - M&A and Capital Reservoir Engineer - Strategy and Corporate Finance Markets Corporate Finance CARMELO MARRELLI DAVID CHERRY SEAN A
Slide 23: Capital Markets Overview
Capital Markets Overview Capitalization (Millions) Sintana Energy Inc. TSX-V | SEI ($Cdn) 52 Week High $1.54 52 Week Low $0.27 Avg. Vol. 541K Common Outstanding 376 Options 27 1.50 Fully Diluted 403 1.25 Cash Position C$20 1.00 As of 12/31/24 0.75 0.50 Share Ownership 0.25 18% 0.00 Insiders 3M Major
Slide 24: Why Choose Sintana?
Why Choose Sintana? RIGHT TIME | RIGHT TEAM | RIGHT ASSETS A diverse portfolio of substantial resource opportunities across different geographies, geologies, operators, basins, play types, and carry structures. Composed of world-scale discovered resources with significant exploration upside. Partner
Slide 25: Forward-Looking Statements
Forward-Looking Statements This presentation is provided solely for information purposes to shareholders and qualified the information is independent. Such information has been presented to help demonstrate that parties and does not constitute an offer to sell or solicit an offer to buy any securiti
Slide 26: Corporate Directory
CANADA AUDITORS LISTING Sintana Energy Inc. MNP LLP Exchange: TSX Venture 82 Richmond Street East, Suite 201 www.mnp.ca Trading Symbol: SEI Toronto, Ontario M5C 1P1 Cusip Number: 82938H 416.361.0737 TRANSFER AGENT Fiscal Year End: Dec 31 416.361.0923 Computershare Trust Company of Canada Calgary