Sintana Energy Narrows Q1 Loss Amid Payment from ExxonMobil, Advances Atlantic Margin Projects
Sintana Energy reported a narrowed first-quarter net loss of $1.1 million compared to $2.3 million in the prior year due to proceeds from an arbitration settlement with ExxonMobil and progress on its Atlantic Margin portfolio following the acquisition of Challenger Energy.
Tickers: $XOM
Topics: acquisition integration arbitration settlement oil & gas