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Simba Energy Inc V.SMB

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  SMBZF

Simba Energy Inc is an oil and gas exploration junior focused on the onshore frontier basins of Africa. The Company's portfolio comprises onshore PSCs in Chad, Kenya and Guinea. Its onshore PSCs in Ghana, Mali and Liberia are currently being ratified.
Price: $0.065 | Change: +$0.005 | %Change: +8.33%
Volume: 281,723 | Day High/Low: 0.065/0.055 | 52 Week High/Low: 0.085/0.015
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5 stars

A year later w/ Essel Grp Simba's ready to be the next AOI:

Oil & Gas Basin Opens in Kenya August 7th, 2014 by resourcenewsreport Simba Energy FTG Results Identify 11 Targets on Block 2A     By Resource News Report Murmurs that Kenya more
5 stars

RE:Simba Energy gets a new Director

Perhaps a bit too soon Kribban..? :o)  Rumor has it that Mr. Lion Killer Palmer is deep in hiding with The Merliar in his Mum's basement and likely will never to be seen or heard from again!!!!  rate and reply
0.5 stars

Simba Energy gets a new Director

I heard that simba is getting a new director, his name is Walter James Palmer and comes from Minnesota, but is down and networking in Africa. He will be responsible for public relations.   He more
0 stars

RE:RE:Overseas Direct Investment by Indian Companies

The title prior to the list reads Some of the major overseas investments by Indian companies were: MAJORSEAS INVESTMENTS.  THE CONTEXT OF SUCH COVERS INVESTMENT ABROAD BY ALL THE COMPANIES more
0 stars

RE:Overseas Direct Investment by Indian Companies

Great find Kribban, our deal is mentioned with some very large transactions.  Think the issue here is the debacle with the previous JV contenders leads the none believers to doubt the credibility more
0 stars

Overseas Direct Investment by Indian Companies

There has been a perceptible shift in overseas investment destination (ODI) in last decade or so. While in the first half, overseas investments were directed to resource rich countries such more
5 stars

RE:0.50 cents coming soon

50c may seem a tad ambitious but clearly the deal in its 'rumoured' state is worth that.  rate and reply
5 stars

0.50 cents coming soon

huge potential...  rate and reply
0 stars

RE:RE:RE:RE:3 Wells In Kenya

NOPE,,,,,,,,,,,5 Wells,,,,,,,,,,,,,,we already have 2 wells ,,,,,,,,,,,,Algal 1 and Algal 2,,,,,! Both had OIL  shows but they did not drill deep enough in the 80's,,,,,,,,,due to,inferior more
0 stars

RE:RE:RE:3 Wells In Kenya

Kenya is the priority due to its advanced status. I believe the overall package is circa US$235m. This will allow multiple drills across all licences. Essel boys have deep pockets, yet Simba sits more
0 stars

RE:RE:3 Wells In Kenya

thanks for the information you guys, any word on the other properties in Guinea and Chad - will these have work commitments ?  rate and reply
0 stars

RE:3 Wells In Kenya

Kribban that may well be the case.   Think they are touching distance of the news being released, usual African red tape just holding things up, believe Essels News release is written and more
5 stars

3 Wells In Kenya

Yes Mr Osborne you are right, it will be 3 wells and just above 100 million us dollars. (Kenya)  The deal is really impressive and Essel want to be a producer and they know from ALL data that more
5 stars

RE:RE:RE:RE:RE:RE:Timing on NR with more details

How many wells in Kenya? Three wells is what I would guess. I am hearing that Kenya could attract US$100m alone, three wells and the seismic program. Not long now folks, will soon say good bye more
0 stars

TPN halted

  rate and reply
5 stars

Anyone care to guess how many drill-wells will be cover-Papa

Not TPN drilling without knowing the 4-way closure, we have DOME ! style closures on all targets. My guess is atleast 3 drills to punch all 3 HIGHLY Prospective Targets. But since the parties more
5 stars

RE:RE:RE:RE:RE:Timing on NR with more details

Chairedup, thanks for posting that email, I saw a few interesting little tidbits in there; Simba Energy’s management team has been working closely with the Essel Group since the partnership more
3 stars

RE:JV News..Seismic..Drilling

yes, roshene...hard waiting. for some of us, many years. we should soon know more details. i am hoping they drill in first half 2016.if a gusher, i will be exceptionally happy!  rate and reply
5 stars

JV News..Seismic..Drilling

Nemo Don't forget the previous..IPDS or Seismic or whatever it is called...It had 1.9 B barrels I. Kenya...There is no way that a duster can be hit in all 3 locations...Kenya..Guinea and more
1 star

RE:RE:RE:RE:RE:Timing on NR with more details

good info. And yes, this is a signed partnership. It is not a MOU or LOI.  It will be great to see the new release detailing the venture more. Hopefully, it will give some timelines too for more