Sintana acquires 44% stake in Namibian oil firm Maravilla
Sintana Energy has agreed to acquire a 44% interest in Maravilla Oil and Gas, giving it an indirect 35% stake in Petroleum Exploration Licence 37 in the offshore Walvis Basin. The deal, valued at US$6.5 million, includes a N$1 million community donation to Erongo Region and is subject to regulatory approvals.
23 hours ago · Informanté →