Equity Capital Markets and Advisory Business, Auctus Advisors

Auctus Advisors

Equity Capital Markets and Advisory Business

Auctus Advisors is a specialist Equity Capital Markets and Advisory business with a focus in the Energy Sector. The partners have complementary skill sets, with decades of experience across Equity Capital Markets, Investment Banking and the Energy industry. We have worked at Société Générale, Canaccord Capital, BMO Capital Markets and Schlumberger. Most recently we have worked together for many years at GMP FirstEnergy. Auctus has been set up at the beginning of a new decade in which we see significant opportunities in the Energy space. Globally, demand for energy is at record levels and continues to grow. Conversely, investment in traditional energy sources has been severely constrained. We believe this imbalance creates opportunities for both companies and investors. Auctus provides Corporate Broking, Equity Research and Investment Banking services.

Equity Bottom-Up

<ul><li>• Trago Energy, in which Sintana holds a 49% indirect interest, is transferring its 10% participating interest in PEL 90 (4.9% net to Sintana) to Harmattan Energy, a Chevron affiliate.</li><li>The consideration comprises: - US$11 mm in cash at completion (~US$5.4 mm net to Sintana, before fees and taxes).</li><li>- Contingent consideration payable on appraisal and production milestones, including revenues associated with commercial production.</li></ul>

• Trago Energy, in which Sintana holds a 49% indirect interest, is transferring its 10% participating interest in PEL 90 (4.9% net to Sintana) to Harmattan Energy, a Chevron affiliate.The consideration comprises: - US$11 mm in cash at completion (~US$5.4 mm net to Sintana, before fees and taxes).- Contingent consideration payable on appraisal and production milestones, including revenues associated with commercial production.

Sintana Energy Inc. (TSX-V: SEI): PEL 90 exchange removes capital exposure and keeps the upside from drilling success

<ul>
<li>Sintana has agreed to acquire a 44% interest in Maravilla Oil &amp; Gas, which in turn holds an indirect 80% operated interest in PEL 37.</li>
<li>The transaction materially increases Sintana’s exposure to the Walvis Basin, complementing its existing 4.9% carried interest in the adjacent Chevron‑operated PEL 82, where an exploration well is expected in 2027.</li>
<li>A discovery on PEL 82 would provide a direct positive read‑through for PEL 37.</li>
</ul>


Sintana has agreed to acquire a 44% interest in Maravilla Oil &amp; Gas, which in turn holds an indirect 80% operated interest in PEL 37.
The transaction materially increases Sintana’s exposure to the Walvis Basin, complementing its existing 4.9% carried interest in the adjacent Chevron‑operated PEL 82, where an exploration well is expected in 2027.
A discovery on PEL 82 would provide a direct positive read‑through for PEL 37.


Sintana Energy Inc. (TSX-V: SEI): Boosting position in the Walvis basin. Equinor acquires an interest in PEL 90

<ul>
<li>The Mopane-2A well at PEL-83 found a hydrocarbon column of gas-condensate in AVO-3 with a thin net pay in the reservoir sweet spot.</li>
<li>Encountering AVO-3 at Mopane-2A confirms the lateral extent of the reservoir.</li>
<li>The thin net pay is in line with the geological model.</li>
</ul>


The Mopane-2A well at PEL-83 found a hydrocarbon column of gas-condensate in AVO-3 with a thin net pay in the reservoir sweet spot.
Encountering AVO-3 at Mopane-2A confirms the lateral extent of the reservoir.
The thin net pay is in line with the geological model.


Sintana Energy Inc. : Mopane-2A Encounters Gas Condensate in the Sweet Spot

<ul>
<li>Operations remain firmly on track.</li>
<li>Sintana is entering a highly active and potentially transformational two‑year period, with up to 10 high‑impact exploration and appraisal wells planned across the portfolio.</li>
<li>Our aggregate unrisked valuation for these wells is £4.19 per share.</li>
</ul>


Operations remain firmly on track.
Sintana is entering a highly active and potentially transformational two‑year period, with up to 10 high‑impact exploration and appraisal wells planned across the portfolio.
Our aggregate unrisked valuation for these wells is £4.19 per share.


Sintana Energy Inc. (TSX-V: SEI): Buckle-Up

<ul>
<li>• Sintana has raised US$11.5 mm of new equity at 22.5p per share.</li>
<li>Together with existing cash resources at end‑March (US$8 mm) and the expected cash payment from ExxonMobil for Colombia, this provides in excess of US$26 mm of funding capacity.</li>
<li>• This funding is sufficient to carry Sintana through its high‑impact activity programme, cover two years of G&amp;A, and maintain a US$4–7 mm cash buffer.</li>
</ul>


• Sintana has raised US$11.5 mm of new equity at 22.5p per share.
Together with existing cash resources at end‑March (US$8 mm) and the expected cash payment from ExxonMobil for Colombia, this provides in excess of US$26 mm of funding capacity.
• This funding is sufficient to carry Sintana through its high‑impact activity programme, cover two years of G&amp;A, and maintain a US$4–7 mm cash buffer.


Sintana Energy Inc. (TSX-V: SEI): Raising US$11.5 mm of new equity for high impact drilling programme

Canada

Sintana Energy Inc. produces and distributes petroleum products. The Company acquires, develops, explores, and produces oil and gas. Sintana Energy serves customers in North and South America.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Sintana Energy (SEI CN)

Sintana Energy Inc. (TSX-V: SEI): PEL 90 exchange removes capital exposure and keeps the upside from drilling success

• Trago Energy, in which Sintana holds a 49% indirect interest, is transferring its 10% participating interest in PEL 90 (4.9% net to Sintana) to...

Auctus Advisors

Sintana Energy Inc. (TSX-V: SEI): Boosting position in the Walvis basin. Equinor acquires an interest in PEL 90

Sintana has agreed to acquire a 44% interest in Maravilla Oil & Gas, which in turn holds an indirect 80% operated interest in PEL 37.

Auctus Advisors

Sintana Energy Inc. : Mopane-2A Encounters Gas Condensate in the Sweet Spot

The Mopane-2A well at PEL-83 found a hydrocarbon column of gas-condensate in AVO-3 with a thin net pay in the reservoir sweet spot.

Auctus Advisors

Sintana Energy Inc. (TSX-V: SEI): Buckle-Up

Sintana is entering a highly active and potentially transformational two‑year period, with up to 10 high‑impact exploration and appraisal wells...

Auctus Advisors

Sintana Energy Inc. (TSX-V: SEI): Raising US$11.5 mm of new equity for high impact drilling programme

Sintana has raised US$11.5 mm of new equity at 22.5p per share. Together with existing cash resources at end‑March (US$8 mm) and the expected...

Auctus Advisors

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)