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Sintana Energy to acquire 5% indirect stake in Angola’s Block KON-16 for $2.5 million

Verifying
  • Sintana Energy signed definitive agreements to acquire an indirect interest in Angola’s Block KON-16.
  • The transaction value is $2.5 million, including $500,000 already paid.
  • The agreements include a 2.5% net profit interest in Corcel’s block proceeds.
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