Sintana Energy's Exciting New Equity Incentive Awards Announcement
Exciting Updates on Equity Incentive Awards
In a significant move for the company, Sintana Energy Inc. (TSX-V: SEI, OTCQX: SEUSF) has received approval from its Board of Directors for a substantial grant of equity incentives. This exciting development includes a total of 4.3 million equity incentive awards, which consist of 100,000 common stock options and 4.2 million restricted share units, allocated to several key directors and officers within the company. The options are set to have an exercise price of CA $0.73, with a vesting schedule of three equal tranches over the next two years. This grants are set to expire on June 27, 2035.
About Sintana Energy
Sintana Energy is dedicated to pursuits in petroleum and natural gas exploration and development. The company is actively working on six extensive, highly promising exploration licenses, both onshore and offshore, in Namibia. Additionally, Sintana operates an onshore joint venture in Angola and is engaged in an intriguing project in Colombia’s rich Magdalena Basin.
Strategic Vision for Growth
The recent approval of equity incentive awards showcases Sintana's commitment to fostering a dynamic and motivated leadership team, capable of steering the company toward its ambitious growth objectives. By aligning the interests of directors and officers with those of shareholders, Sintana has taken a proactive step in enhancing the company's strategic position in the sector.
Focus on Exploration and Development
With a robust portfolio of exploration assets in Namibia, Angola, and Colombia, Sintana is poised for significant growth. The company’s exploration licenses offer vast potential, as well as opportunities for valuable partnerships and collaborations. Sintana's ongoing efforts to seek joint venture partners are indicative of its proactive approach towards enhancing operational capabilities and accelerating project development.
Leadership and Contacts
Robert Bose currently serves as the Chief Executive Officer of Sintana Energy Inc., leading the company's initiatives and strategic operations. Supporting him are key personnel including Sean Austin, the Vice-President, and Jonathan Paterson, the Founder & Managing Partner at Harbor Access, who play crucial roles in guiding the company's vision. For additional inquiries or updates regarding Sintana’s projects and corporate activities, interested parties can reach out directly or visit the official company website.
Corporate Contacts
For any corporate inquiries, you can contact:
Robert Bose
Chief Executive Officer
Phone: 212-201-4125
Investor Relations
For investor-related queries, contact:
Sean Austin
Vice-President
Phone: 713-825-9591
Jonathan Paterson
Founder & Managing Partner
Phone: 475-477-9401
Frequently Asked Questions
What are the new equity incentive awards about?
Sintana Energy recently approved 4.3 million equity incentive awards, including stock options and restricted share units for its directors and officers.
What is the exercise price for the options granted?
The exercise price for the stock options is set at CA $0.73.
How long will the options take to vest?
The options will vest in three equal tranches over the next 24 months.
Where does Sintana Energy operate?
Sintana Energy operates in Namibia, Angola, and Colombia, focusing on petroleum and natural gas exploration and development.
Who can I contact for more information about Sintana Energy?
For more details, you may reach out to Robert Bose, the CEO, or Sean Austin, the Vice-President.
About The Author
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