Articles Tagged "Simba Energy Inc."

Simba Energy Announces Non-Brokered Private Placement

Simba Energy Inc. (TSXV:SMB,FWB:GDA,OTCQX:SMBZF) has announced a non-brokered private placement for gross proceeds of up to C$3.0 million. Net proceeds from the placement will be put towards funding exploration commitments related to Simba's production sharing contracts in Kenya, general working capital purposes, and retirement of certain debt.

Key Oil Projects and Players in West Africa

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.