Sintana Energy is using African Energy Week (AEW) 2026 in Cape Town to put its Namibia oil portfolio in front of investors, operators and dealmakers as it moves toward a multi-well exploration campaign in the Orange Basin. The company is a Bronze Sponsor of the 12–16 October event and is also sponsoring the African Upstream M&A panel, giving it a platform to present its exploration strategy and carried-interest model to the African energy investment community.
At the centre of the portfolio is Petroleum Exploration Licence 83, which contains the Mopane complex in Namibia’s Orange Basin. Sintana has an effective 4.9% carried interest through its 49% stake in Custos Energy, giving it exposure to the acreage while benefiting from a structure in which operators fund exploration costs. The PEL 83 partnership has committed to a three-well exploration and appraisal campaign beginning in the second half of 2026.
The company also has exposure to other parts of Namibia’s exploration landscape. Sintana holds an indirect 10% working interest in PEL 90, where Chevron is operator and QatarEnergy is a partner, with the Nabba-1X well planned for late 2026. Across Namibia and Angola, Sintana says its portfolio extends to eight blocks, while its recent agreement to acquire a 44% interest in Maravilla Oil and Gas would give it an indirect 35% interest in Namibia’s PEL 37.
The timing of the AEW appearance is significant because Sintana’s portfolio is moving from acreage exposure toward a more active drilling phase. The PEL 83 programme is expected to provide the next major test of the Mopane opportunity, while the company is targeting a final investment decision in 2028 and first oil around 2032 if exploration and appraisal results support development.
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That makes capital and partnerships increasingly important alongside the exploration programme. Sintana’s sponsorship of the African Upstream M&A panel places the company directly in a forum focused on how investors, operators, financiers and dealmakers are structuring transactions across African oil and gas. Its planned second listing on the Namibian Stock Exchange also points to a broader effort to deepen its connection with local investors as it advances its Namibia-focused portfolio.
