Sintana Energy affiliate to sell its Namibia PEL 90 stake to Chevron unit

Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) said its 49%-owned affiliate Trago Energy has agreed to transfer its 10% stake in Namibia's PEL 90 offshore licence to Chevron affiliate Harmattan Energy Limited for $11 million in cash plus contingent payments. The contingent...