Sintana Energy Inc. · TSXV:SEI
Sintana Energy — Investor Presentation (November 2025)
28 slides from Sintana Energy's investor presentation, November 2025
Slide 1: Q4 2025 Exploring A Better Way
Q4 | 2025 Exploring A Better Way SintanaEnergy.com E x p Bollsta Photo: Deepsea l o r iDrilling n g atAPEL B 90 e t t e r W a y 2025 © Sintana Energy Inc. All Rights Reserved 0
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 limited additional capital from the Company. E x p l o r i n g A B e t t e r W a y 1
Slide 3: Why Invest
WHY INVEST Namibia’s Orange Basin: A world-class hotspot for multi-billion-barrel oil Uniquely Positioned at and gas discoveries. the Heart of the World’s Global Interest: Major players including Chevron, Galp, TotalEnergies, Exploration Hotspot Azule (BP/ENI) and QatarEnergy are active in the regio
Slide 4: Corporate Summary
CORPORATE SUMMARY A portfolio with potential for large outcomes and limited capital needed from Sintana. Targeting opportunities in regions where exploration and development activities are increasing. Partnerships with proven operators and industry leaders. Portfolio of high-potential assets w
Slide 5: Namibian Portfolio
NAMIBIAN PORTFOLIO Sintana has a diversified portfolio with exposure to additional world class opportunities. Orange Basin PEL 83 - operated by Galp PEL 87 – operated by Pancontinental PEL 90 - operated by Chevron PEL 79 - operated by Namcor Walvis Basin PEL 82 - operated by Chevron Waterberg Basin
Slide 6: Our Orange Basin Portfolio
OUR ORANGE BASIN PORTFOLIO PEL 83 hosts the Mopane light oil discoveries, where appraisal wells completed in early 2025 confirmed the scale, extent, and quality of the find. PEL 87 includes the Saturn Superfan, one of the largest hydrocarbon complexes identified in Africa; similar in geological sett
Slide 7: Orange Basin Interests | Activity
ORANGE BASIN INTERESTS | ACTIVITY Orange Basin Block PEL 79 PEL 83 PEL 87 PEL 90 Operator Namcor Galp Pancontinental Chevron Licence 2815/2915 2813A/2814B 2713 2813B Interest 16.7% (Giraffe)(1) 4.9% (Interoil)(2) 7.3% (Interoil)(2) 4.9% (Interoil)(2) Carry - Until Production Until Development - Lice
Slide 8: A Global Exploration Hotspot
A GLOBAL EXPLORATION HOTSPOT Recent Successes: Giant discoveries by TotalEnergies, Rhino and Galp have ignited activity. Discoveries Appraised: Operators have completed drill stem tests (DST) confirming the high reservoir quality of the discoveries. Development Planned: TotalEnergies and Galp are pr
Slide 9: 18 Exploration Wells | 13 Discoveries
18 EXPLORATION WELLS | 13 DISCOVERIES Orange Basin explorers have achieved exceptional, globally unmatched drilling success rates. Wells Drilled Wells Currently Exploration Wells Technical Drilling Drilled (1) Success Rate 1 18 72% Operator Rhino Overall Success Appraisal Wells Chevron Drilled Rate
Slide 10: PEL 83 | Mopane Light Oil Discoveries
PEL 83 | MOPANE LIGHT OIL DISCOVERIES Galp Energia is the operator (80% interest); Sintana – 4.9%. In early 2024, Mopane-1X encountered significant light oil columns at AVO-1 and AVO-2. Mopane-2X (8km offset to -1X) appraised AVO-1 and discovered both AVO-3 and a deeper target. Production te
Slide 11: Mopane | 5 Wells 100% Success Rate
MOPANE | 5 WELLS 100% SUCCESS RATE Significant Light Oil Columns of High Quality Reservoir Sands Good Porosities, High Pressures and Permeability Low Oil Viscosity and Minimum CO2 and H2S Concentrations Stacked Reservoirs with No Water Contact E x p l o r i n g A B e t t e r W a y 10
Slide 12: PEL 90 | Chevron Farm-In
PEL 90 | CHEVRON FARM-IN Chevron Namibia Exploration Limited farmed into an 80% working interest in PEL 90 and became operator in October 2022. Completed 6,500 km² 3D seismic survey in mid 2023 at an estimated cost of US$40 million. Qatar Energy farmed in for 27.5% participating interest in la
Slide 13: PEL 87 | Saturn Super Fan
PEL 87 | SATURN SUPER FAN Pancontinential Energy is the operator of PEL 87 with a 75% working interest; Custos holds 15% and Namcor 10%. In mid-2023 the operator completed a 6,593 km² 3D seismic survey at an estimated cost of US$35 million. It confirmed a large (2,400 km²) Aptian/Albian age fa
Slide 14: PEL 87 | Technical Update
PEL 87 | TECHNICAL UPDATE The Kudu source rock is ubiquitous across PEL 87, with a mature kitchen generating low GOR oil directly beneath and to the northeast of the Saturn Complex. 3D seismic data provides support for a high net to gross reservoir system with hydrocarbon fluid effects in eviden
Slide 15: PEL 79 | Operated by Namcor
PEL 79 | OPERATED BY NAMCOR NAMCOR is the operator of PEL 79 with a 67% working interest, Giraffe Energy holds 33%. Sintana holds an indirect 16.2% interest in the licence and an option to increase its Giraffe ownership to 67%. PEL 79 is located east of PEL 3, operated by BW Energy, home to th
Slide 16: Kudu Gas Discovery
KUDU GAS DISCOVERY Located in the Orange sub-basin, the Kudu gas field, discovered in 1974 is operated by BW Energy (95% WI). Between 1974 and 2014, Chevron, Shell, and Tullow drilled a total of 8 wells. BW Energy purchased a semi-submersible rig in Q1/22 to serve as a Floating Production Faci
Slide 17: Namibia Offshore | Geological Setting
NAMIBIA OFFSHORE | GEOLOGICAL SETTING Source: Stratagraphic cross section of the Orange Basin, Offshore Namibia, Modified from Jungslager (1999) and Salomo (2011) E x p l o r i n g A B e t t e r W a y 16
Slide 18: PEL 82 | Walvis Basin Project
PEL 82 | WALVIS BASIN PROJECT Chevron Namibia Exploration Limited farmed-in to an 80% interest in PEL 82 in April 2024; Chevron is the designated operator. NAMCOR and Custos (Sintana 49%) each hold a carried 10% interest. 3D seismic coverage (~7,920 km²) spans 70% of the total license area (11
Slide 19: PEL 103 | Onshore, Waterberg Basin
PEL 103 | ONSHORE, WATERBERG BASIN PEL 103 is located in the North-East corner of Namibia, in the Waterberg Basin. The Waterberg Basin shares similarities with ReconAfrica’s Kavango Basin acreage, as confirmed by Recon’s initial Strat Test well (6-2). PEL 103 is ~55 km southwest of ReconAfrica
Slide 20: High Activity Level | Catalysts
HIGH ACTIVITY LEVEL | CATALYSTS I N D I C AT I V E T I M E TA B L E Permit H1/24 H2/24 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q2/26 Acquired 16% in Extended 2nd PEL 79 PEL 79 Evaluate Data & Plan Work Programs term Evaluate Data & Develop Drilling Programs Chevron PEL 82 Acquired 80% Evaluate Data & Plan Wor
Slide 21: Angola Entry | KON 16 Onshore
ANGOLA ENTRY | KON 16 ONSHORE Sintana and Corcel entered into a JV agreement on May 14th, 2025 which provides for Sintana’s acquisition of an indirect 5% net interest in the KON-16 located in the onshore Kwanza Basin in Angola. Sintana will receive a future 2.5% Net Profits Interest (“NPI”) on C
Slide 22: KON 16 | Onshore Kwanza Basin
KON 16 | ONSHORE KWANZA BASIN Located onshore in the Kwanza Basin in Angola, the block covers 1,000 km² area with 6 Modern 2D Seismic lines (2010 TGS) and one (1) exploration well drilled in 1960 (oil and gas shows). The Kwanza Basin is under-explored; first discovery in 1955 with peak drilling
Slide 23: 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. Sintana entered into a Farmout agreement with ExxonMobil (operator) in 2012 whereby ExxonMobil would pay 100% to earn 70% particip
Slide 24: Executive Management & Directors
EXECUTIVE MANAGEMENT & DIRECTORS Executive Management Board Members Keith Spickelmier – Executive Chairman Keith Spickelmier – Chairman Attorney - Capital Markets and Corporate Finance Co-Founder of Discovery Energy, Blockmetrix LLC. Robert Bose – Chief Executive Officer Robert Bose – Director Inves
Slide 25: Capital Markets
CAPITAL MARKETS CAPITALIZATION (M) SINTANA ENERGY INC. TSX-V | SEI ($CDN) Common Outstanding 380 52 WEEK HIGH $1.24 52 WEEK LOW $0.42 $0.80 Options 26 $0.70 Fully Diluted 406 $0.60 Cash Position (Est.) C$15M $0.50 As of June 30, 2025 $0.40 $0.30 SHARE OWNERSHIP $0.20 $0.10 Insiders 18% $0.00 2M Majo
Slide 26: 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 27: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation is provided solely for information purposes to shareholders and qualified parties and help demonstrate that hydrocarbons may be present in commercially recoverable quantities in the does not constitute an offer to sell or solicit an offer to buy any secur
Slide 28: Contact Information
CONTACT INFORMATION Corporate Contact Investor Relations Sintana Energy Inc. – US Office Harbor Access 14901 Quorum Drive, Suite 850 Jonathan Paterson, Managing Partner Dallas, TX 75254 E: [email protected] P: 475.477.9401 Sean Austin, Vice-President E: [email protected] P
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