As global oil demand and prices continue to rise, an increasing number of exploration and production companies are choosing to focus their efforts on West Africa. Boasting some of the world’s highest-potential oil and gas reserves, this region is becoming increasingly attractive to investors.
Articles Tagged "Simba Energy Inc."
Simba Energy Inc. (TSXV:SMB,OTCQX:SMBZF) announced that it signed a Protocole d'Accord with the Republic of Chad and as a result now holds 100 percent interests in the production sharing contracts of three oil and gas concessions.
Simba Energy Inc. (TSXV:SMB,OTCQX:SMBZF) announced that it has finished the initial phase of field work at Block 2A, a concession located onshore in Kenya that has significant potential for oil and gas discoveries. A report and interpretation of the results are expected in the near future.
GeoDynamics Research S.R.L. (Italy) has notified Simba Energy Inc. (TSXV:SMB,FWM:GDA,OTCQX:SMBZF) that on site reconnaissance of its 100% interest in Block 2A - Kenya is set to commence in April, with crew and equipment scheduled to arrive early May 2012.
Simba Energy Inc.(TSXV:SMB) announced that on site reconnaissance at Block 2A will commence in April. The Company was notified of the schedule by GeoDynamics Research S.R.L. An extensive seismic survey program will begin in May. As quoted in the press release:
Simba Energy Inc. (TSXV:SMB,FWB:GDA,OTCQX:SMBZF) has oversubscribed its non-brokered private placement to $4.335 Million due to increased demand.
Simba Energy Inc.(TSXV:SMB) announced that they have engaged Sproule Associates Limited to evaluate the company's Block 2A Kenyan project.
Work at the Simba Energy Inc. (TSXV:SMB,FWB:GDA,OTCQX:SMBZF) Block 2A project in Kenya is progressing ahead of schedule, with two exploration leads already identified early in the study. Also, Tullow and Africa Oil are commencing drilling in Kenya close to Block 2A.
Simba Energy Inc.(TSXV:SMB) announced commencing trading on the OTCQX International. The Company also announced the appointment of Mr.Hassan Hassan to the its Board of Directors.