EPISODE · Mar 4, 2026 · 4 MIN
Sintana begins 3D Seismic Survey on AREA OFF-1 Offshore Uruguay
from Proactive - Interviews for investors · host Proactive Investors
Sintana Energy President Eytan Uliel joined Steve Darling from Proactive to announce the commencement of a major 3D seismic acquisition campaign on AREA OFF-1, offshore Uruguay. The AREA OFF-1 survey is being conducted by contractor Viridien using the BGP Prospector seismic vessel and will cover approximately 4,300 square kilometres. The acquisition program is designed to advance understanding of key offshore prospects and support future exploration decisions. Uliel explained that fieldwork will be carried out over two seasons: February to April 2026 and November 2026 to April 2027. Most of the seismic acquisition relevant to priority prospects is expected to be completed during the first season. Fast-track results from the initial campaign are anticipated in the fourth quarter of 2026, with full pre-stack depth migration (PSDM) results expected in the second quarter of 2027. Sintana holds a 40% non-operated interest in AREA OFF-1 following a 2025 farm-out of a 60% operating stake to an affiliate of Chevron Corporation. Under the agreement, Sintana is carried for the full anticipated cost of the 3D seismic acquisition program. The company noted that commencement of the seismic campaign follows the rejection by Uruguayan courts of several attempted interventions by activist groups. Management said this outcome underscores the depth of preparatory work completed ahead of the survey and reflects the robustness of Uruguay’s environmental consultation and permitting framework. Sintana emphasized its continued commitment to conducting all associated operations in compliance with the highest health, safety, and environmental standards as it advances exploration efforts offshore Uruguay. #proactiveinvestors #sintanaenergyinc #tsxv #sei #otcqb #seusf #invest #investing #investment #AreaOFF1 #UruguayOffshore #3DSeismic #SeismicSurvey #OffshoreExploration #EnergyExploration #Chevron #OilAndGas #UpstreamEnergy #PSDM #HydrocarbonProspects #LatinAmericaEnergy #EnergyInvestment #ExplorationCampaign #OffshoreDrilling #GlobalEnergy
What this episode covers
Sintana Energy President Eytan Uliel joined Steve Darling from Proactive to announce the commencement of a major 3D seismic acquisition campaign on AREA OFF-1, offshore Uruguay. The AREA OFF-1 survey is being conducted by contractor Viridien using the BGP Prospector seismic vessel and will cover approximately 4,300 square kilometres. The acquisition program is designed to advance understanding of key offshore prospects and support future exploration decisions. Uliel explained that fieldwork will be carried out over two seasons: February to April 2026 and November 2026 to April 2027. Most of the seismic acquisition relevant to priority prospects is expected to be completed during the first season. Fast-track results from the initial campaign are anticipated in the fourth quarter of 2026, with full pre-stack depth migration (PSDM) results expected in the second quarter of 2027. Sintana holds a 40% non-operated interest in AREA OFF-1 following a 2025 farm-out of a 60% operating stake to an affiliate of Chevron Corporation. Under the agreement, Sintana is carried for the full anticipated cost of the 3D seismic acquisition program. The company noted that commencement of the seismic campaign follows the rejection by Uruguayan courts of several attempted interventions by activist groups. Management said this outcome underscores the depth of preparatory work completed ahead of the survey and reflects the robustness of Uruguay’s environmental consultation and permitting framework. Sintana emphasized its continued commitment to conducting all associated operations in compliance with the highest health, safety, and environmental standards as it advances exploration efforts offshore Uruguay. #proactiveinvestors #sintanaenergyinc #tsxv #sei #otcqb #seusf #invest #investing #investment #AreaOFF1 #UruguayOffshore #3DSeismic #SeismicSurvey #OffshoreExploration #EnergyExploration #Chevron #OilAndGas #UpstreamEnergy #PSDM #HydrocarbonProspects #LatinAmericaEnergy #EnergyInvestment #ExplorationCampaign #OffshoreDrilling #GlobalEnergy
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Sintana begins 3D Seismic Survey on AREA OFF-1 Offshore Uruguay
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