Simba Energy Progresses on Block 2A, Onshore Kenya
18 7월 2012 - 10:20PM
Business Wire
Simba Energy Inc. ("Simba" or the "Company") (TSXV: SMB,
Frankfurt: GDA, OTCQX: SMBZF), the pan-African oil & gas
explorer, is pleased to provide an operations update on its
activities at Block 2A, onshore Kenya. Simba holds a 100 % interest
in the Production Sharing Contract (PSC) for Block 2A.
The acquisition of passive seismic data is well underway. In
addition to targeting the primary lead in Block 2A, and following
the assessment of new data, the Company has now decided to increase
the coverage area of the passive seismic survey five-fold from 750
sq.kms to approximately 4,000 sq.kms, utilizing 218 data/listening
stations, as well as add a geochemical survey during this current
phase of fieldwork. This area, lying within a junction of two basin
trends, is believed by Simba’s technical staff to be geologically
analogous to the area in Block 10BB drilled by Tullow Oil plc &
Africa Oil Corp.
In addition, the Company is also pleased to announce that it has
formally engaged Ernst & Young LLP to advise the Company on
advancing the value of this exciting asset, including a potential
farm-out of Block 2A.
Hassan Hassan, Managing Director of Operations said, “Our work
in the field is progressing well. This decision to expand the
coverage area of passive seismic, also adding the geochem study,
coupled with existing 2D, gravity and aeromagnetic surveys most
definitely serves to better appraise the true extent of Block 2A’s
exploration potential. Further, with the considerable interest
generated in the region by the recent oil discovery at Block 10BB,
having Ernst & Young’s Oil & Gas team sign on to help us
advance this concession in the best possible manner for the
Company, including a possible farm-out, is definitely another very
positive step so early on.”
ON BEHALF OF THE BOARD"Robert Dinning", President & CEO.
About Simba Energy Inc.
Simba Energy Inc. is a Pan African oil & gas exploration
company focused on onshore opportunities across Africa. Simba holds
a 100% Production Sharing Contract (PSC) for Block 2A in Kenya, 60%
interest in Blocks 1 and 2, onshore Republic of Guinea, and has
Block 3 (onshore) Mali. Simba also has applications pending for
onshore blocks in Liberia and Ghana.
About GeoDynamics Research S.R.L.
GeoDynamics is the innovator and leader in Low Frequency Passive
Seismic Spectroscopy (IPDS®), applied to detect and monitor
hydrocarbon reservoirs in exploration areas and developed fields by
employing GeoDynamics Research’s patented technology, Geospectra
IPDS®. Today GeoDynamics Research S.R.L operates worldwide
providing Passive Seismic Data Acquisition, Passive Seismic Data
Processing, Analysis, Interpretation and Research &
Development. For more information about the company or Passive
Seismic technology visit: www.geodynamics.it
Simba Essel Energy (CE) (USOTC:SMBZF)
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Simba Essel Energy (CE) (USOTC:SMBZF)
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부터 11월(11) 2023 으로 11월(11) 2024