18 May 2026

Sintana Energy (SEI LN) - US$11.5m equity raise - Corporate

Sintana Energy Inc. (SEI:LON) | 23.8 0.1 1.1% | Mkt Cap: 122.7m

- Daniel Slater, CFA
- 5 pages

Sintana has announced an US$11.5m equity raise at 22.5p/share, giving the company additional funding to direct primarily towards its share of CAPEX for the Nabba-1X exploration well in Namibia in Q4 2026, and the under-negotiation acquisition of an interest in the exploration PEL 37 licence in Namibia. This will all add to the company’s portfolio and its news flow schedule.

Sign up to access

Get access to our full offering from over 100 providers

Sintana Energy (SEI LN) - US$11.5m equity raise - Corporate

Sintana Energy Inc. (SEI:LON) | 23.8 0.1 1.1% | Mkt Cap: 122.7m

Published: 18 May 2026
Author: Daniel Slater, CFA
Pages: 5

Sintana has announced an US$11.5m equity raise at 22.5p/share, giving the company additional funding to direct primarily towards its share of CAPEX for the Nabba-1X exploration well in Namibia in Q4 2026, and the under-negotiation acquisition of an interest in the exploration PEL 37 licence in Namibia. This will all add to the company’s portfolio and its news flow schedule.