Sintana Energy Inc. · TSXV:SEI
Sintana Energy — Investor Presentation (May 2022)
25 slides from Sintana Energy's investor presentation, May 2022
Slide 1: Investor Presentation
SEI -V Investor Presentation M ay 2022 E x p l o ri n g A B e t t e r Wa y SintanaEnergy.com 0 SEI• -V SEI• -V E x p El xo pr il no gr i nA g B Ae t Bt ee rt t W e ra yW a y 2022 © Sintana Energy Inc. All Rights Reserved
Slide 2: 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 3: Corporate Overview
Corporate Overview Sintana Energy Inc. (“Sintana”) is a public oil and gas exploration company listed on the Toronto Venture exchange under the ticker “SEI.V”. We are focused on: Creating a portfolio of carried interests in exploration and development projects with major upside potential. Develo
Slide 4: Portfolio Overview
Portfolio Overview Sintana Blocks COLOMBIA ReconAfrica Block NAMIBIA 25% interest in the unconventional 5 - 15% carried and un-carried resources at Block VMM-37. interests in 4 offshore and 1 43,000 acres prospective for onshore Licences. unconventional development in Potential unrisked P50 Colombia
Slide 5: Investment Highlights
Investment Highlights Provides unique and strategic exposure to both offshore and onshore projects in Namibia, the next 1 world class hydrocarbon province. Recent discoveries include the multi -billion barrel offshore discoveries by Total (Venus-1) and Shell (Graff-1) and to an onshore opportunity n
Slide 6: Namibian Assets
SEI -V Namibian Assets Photo: Maersk Voyager at Venus-1X (Feb 2022) 5 SEI• -V SEI• -V 2022 © Sintana Energy Inc. All Rights Reserved E x p El xo pr il no gr i nA g B Ae t Bt ee rt t W e ra yW a y
Slide 7: Namibian Portfolio
Namibian Portfolio Sintana PEL Blocks Kudu Gas Field Park Lands Acquired 5-15% net interests, predominantly carried, in 4 offshore licenses and 1 onshore license. Two blocks are directly adjacent to Venus-1 (Total) and Graff-2 (Shell), each a multi-billion barrel discovery. One block directly ad
Slide 8: Interest Overview
Interest Overview ESTIMATED INTEROIL NET RESOURCE ACREAGE WATER PARTNERS LICENSE BLOCK(S) WORK INTEREST(1) UNRISKED P50(3) (KM2) DEPTH (M) (Operator*) PROGRAM (SINTANA 49%) (MMBOE) PEL 82 2112B & 11,464 260 – 2,460 $86M 10% 61 Galp (80%)* 2212A NAMCOR (10%) PEL 83 2813A & 9,890 250 – 2,550 $86M 10%
Slide 9: Our Orange Basin Blocks
Our Orange Basin Blocks Four of the offshore blocks are located in the Orange Basin – three are directly adjacent to recent and historical discoveries. PEL 90 is adjacent to the recent Venus-1 Superfan oil discovery. PEL 83 is adjacent to the recent Graff-1 oil discovery and directly offsets the
Slide 10: Shell Makes a Huge Oil Discovery | Graff-1
Shell Makes a Huge Oil Discovery | Graff-1 On February 4th, Shell (operator), Qatar Petroleum and Namcor, announced a “significant oil discovery” at the Graff-1 well. The Graff-1 well drilled on PEL 39 (2913A) exceeded pre -drill estimates of 500 million to 1 billion barrels of oil – current estim
Slide 11: Total's Record-breaking Discovery | Venus-1X
Total’s Record-breaking Discovery | Venus-1X On February 24th Total Energies with partners Qatar Energy, Impact and Namcor, announced a “giant light oil and gas discovery”. Venus-1X was drilled on PEL 56 (2913B) to a total depth of 6,296 meters in a water depth of approximately 3,000 meters. 84
Slide 12: Namibia Basin Super Fan Deposits
Namibia Basin Super Fan Deposits Recent offshore discoveries in Namibia are substantiating the potential for a world-class hydrocarbon basin similar to other global giants – offshore Brazil, Guyana and Ghana. Namibia Basin Floor Fan (600 km2) located on Block 2913B (PEL 56) and recently drilled by
Slide 13: Kudu Gas Discovery
Kudu Gas Discovery Kudu, a promising future… The Kudu gas field (PL3), directly offset Sintana’s PEL 83 licence was discovered in 1974, and covers an area of approximately 4,567 km 2 . The field is located 130 km offshore and at a water depth of 170 meters in the Orange sub-basin. Kudu holds proved
Slide 14: Kudu Status
Kudu Status BW Energy (Operator) holds a 95% working interest Kudo Gas to Power Project in the license, (NAMCOR holds a 5% carried interest). Kudu gas is trapped in Aeolian Sandstones at 4,400 meter depth. Increased demand for gas and electricity in the southern Africa region has significantly
Slide 15: Our Walvis Basin Project | PEL 82
Our Walvis Basin Project | PEL 82 Seismic programs conducted cover more than 3,500 km of 2D and 9,500 km2 of 3D seismic data; 5,360 km2 acquired by HRT (2011) and 4,140 km2 acquired by Galp (2018). Surface area covered by 3D data (~7,920 km2), represents 70% of total block area (~11,464 km2). Th
Slide 16: PEL 103 & ReconAfrica
PEL 103 & ReconAfrica PEL 103 (Block 1918B) is located in the North -East corner of Namibia, in the Waterberg Basin. The Waterberg Basin shares similarities in respect to ReconAfrica’s Kavango Basin acreage as confirmed in it ’s first Stratigraphic Test well (6 -2). ReconAfrica’s discovery con
Slide 17: Hydrocarbon Potential | PEL 103
Hydrocarbon Potential | PEL 103 Thick Permian Karoo Supergroup sediments are present which provide a favorable setting for hydrocarbon exploration. Waterberg Basin geology has coal and shales, 19 million tons of coal reserves were indicated within the vicinity of PEL 103 (Block 1918B). Permian
Slide 18: Colombia Asset
SEI -V Colombia Asset Photo courtesy of ExxonMobil Parker Rig 271 Drilling at VMM-37 May 2015 17 SEI• -V SEI• -V 2022 © Sintana Energy Inc. All Rights Reserved E x p El xo pr il no gr i nA g B Ae t Bt ee rt t W e ra yW a y
Slide 19: Colombia's Magdalena Basin | VMM-37
Colombia’s Magdalena Basin | VMM-37 Sintana has a 25% carried interest through the first phase of exploration and development in the unconventional resources on Block VMM-37 which is located in Colombia's prolific Middle Magdalena Basin. ExxonMobil and Ecopetrol hold the remaining 75% interest.
Slide 20: Unconventional | VMM-37
Unconventional | VMM-37 Shale Formation Comparisions Unconventional Potential Parameter VMM Tablazo VMM La Luna Neuquén Basin Eagle Ford Well Depth (ft) 10,000-14,000 9,000-12,000 10000 10,000-13,000 Shale age and facies analogous to Eagle Gross Pay (ft) 300-900 1,000-2,500 100-600 100-300 Ford Sh
Slide 21: Summary
SEI -V Summary 20 SEI• -V SEI• -V 2022 © Sintana Energy Inc. All Rights Reserved E x p El xo pr il no gr i nA g B Ae t Bt ee rt t W e ra yW a y
Slide 22: Capital Markets Overview
Capital Markets Overview Capitalization Common Outstanding 264M Dilutive Securities 106M Fully Diluted 370M Market Capitalization ($CAD) $61M 21 SEI• -V E x p l o r i n g A B e t t e r W a y
Slide 23: Investment Highlights
Investment Highlights Public vehicle that provides exposure to the recent multi -billion barrel offshore discoveries by Total (Venus-1) and Shell (Graff-1) as well as to onshore development near ReconAfrica in Namibia. Exposure to an exciting, active and high-profile exploration geography both o
Slide 24: Executive Management & Directors
Executive Management & Directors A highly skilled, results oriented Executive Management Team and Board of Directors with significant International operations and finance expertise. Executive Management Board Members Keith Spickelmier – Executive Chairman Keith Spickelmier – Chairman Attorney - Capi
Slide 25: Contact Information
Contact Information Sintana Energy Inc. – US Office 5501 LBJ Freeway, Suite 900 Dallas, TX 75240 Sean Austin Vice-President P: 713.825.9591 Harbor Access IR Advisors Jonathan Paterson Managing Partner P: 475.477.9401 i n f o @ s i n t a n a e n e r g y. c o m SintanaEnergy.com 24 SEI• -V E x p l o r