Sintana Energy has extended the exploration timetable for its AREA OFF-1 block in Uruguay by one year after Chevron split its 3D seismic programme into two seasons to accommodate a government-mandated fishing break. The first season is complete and being processed, the second begins at year-end, with a well decision still expected around September 2027 and drilling targeted for 2028. In Argentina, the company has spent more than 18 months pursuing a private initiative to secure a licence over the CAN-200 offshore block, and a government decree has now opened the block to international tender, with Sintana holding a preferred position that gives it the right to match any competing bid. President Eytan Uliel also flagged strong farm-out momentum at AREA OFF-3, Sintana's 100%-held second Uruguay block, where a farm-out is expected to close by year-end, with QatarEnergy and Chevron active on adjacent acreage. Uliel described an active six to twelve months ahead across the company's Latin American portfolio, which also includes Namibia and Angola.
Sintana Energy Inc.Sintana extended its Uruguay exploration timetable, advanced its Argentina block bid with a preferred position, and flagged strong farm-out momentum at AREA OFF-3, all positive developments for its portfolio.
Chevron Corp
Solaris Energy Infrastructure, Inc.