Core Viewpoint - Sintana Energy Inc. has made significant progress in 2024, particularly with the Mopane offshore discovery, which is considered a major advancement for both the company and its shareholders [2]. Company Actions - The Board of Directors of Sintana Energy has approved a total of 6.5 million incentive awards, which include 3.9 million common stock options and 2.6 million restricted share units for directors, officers, and four other parties. The options have an exercise price of CA $1.23, vesting in three equal tranches over the next 24 months, and will expire on December 13, 2034 [1]. Company Overview - Sintana Energy is involved in petroleum and natural gas exploration and development across five large, highly prospective onshore and offshore petroleum exploration licenses in Namibia and Colombia's Magdalena Basin [3].
Board of Directors approve 2024 incentive awards