Sintana Provides Update on VMM-37
TORONTO, July 20, 2023 (GLOBE NEWSWIRE) — Sintana Energy Inc. (TSXV: SEI, OTCQB:SEUSF) (the “Company” or “Sintana”) reports that its subsidiaries, Patriot Energy Oil and Gas Inc. and Patriot Energy Sucursal Colombia (collectively “Patriot”) have filed an Arbitration Claim against ExxonMobil Exploration Colombia Limited and ExxonMobil Exploration Colombia Limited Sucursal Colombia (collectively, “ExxonMobil”). Causes of Action include Breach / Repudiation of the terms of the Farmout Agreement (“FOA”), Joint Operating Agreement (“JOA”) and License Contract associated with the 43,158 acres property known as the VMM-37 block which is located in Colombia’s Middle Magdalena Valley Basin (“VMM-37”).
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