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Sintana Energy raises $11.5M to fund drilling and expand exploration in Africa.

Company Fundamentals
28 May 2026
Proactive Investors
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Bullish
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Sintana Energy has closed an $11.5 million equity raise to support drilling the Chevron-operated Nabba-1 exploration well and expand its interests in the Walvis Basin and Angolan Kwanza basin. The funds will also back a significant operational program through 2026-2027, including drilling three wells operated by TotalEnergies, seismic activities, and potential farm-outs. Company executives participated in the raise, signaling confidence in their strategy to build a diversified exploration portfolio with minimized risk and strong upside potential.

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Computacenter acquires US federal IT reseller Government Acquisitions Inc for up to $92M

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Pennsylvania sues AI maker for chatbot falsely claiming to be a licensed psychiatrist.

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ASPEED and Lattice launch AST1840, a flexible server management controller with embedded FPGA for modern datacenters.

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Kraken launches Bitcoin Vault offering 2.5% annual returns on BTC via DeFi lending platforms.

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