Sintana expands Namibia oil and gas footprint with Maravilla deal

Staff Reporter SINTANA Energy has entered into a definitive agreement to acquire a 44% interest in Namibian company Maravilla Oil and Gas, giving it an indirect 35% interest in Petroleum Exploration Licence 37 (PEL 37) in the offshore Walvis Basin. Maravilla holds an 80% controlling stake in Paragon Oil and Gas, which owns a 100% ... The post Sintana expands Namibia oil and gas footprint with Maravilla deal appeared first on Informanté .