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Simba Essel Energy Inc SMBZF

Energy Oil & Gas E&P
Simba Essel Energy Inc is a Canadian exploration company. Its principal business activity includes the acquisition and exploration of resource properties. The company engages in the process of exploring its oil and gas properties.


GREY:SMBZF - Post by User

Simba Essel Energy Inc
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Comment by LuckyLukeon May 08, 2014 12:10pm
380 Views
Post# 22539066

RE:Big Oil consolidates African Oil Assets

RE:Big Oil consolidates African Oil Assets

In addition to low valuations, the key driver of further consolidation in the African oil space will be access to rift basin assets. These basins have accounted for almost all of the billion-barrel-plus oil discoveries onshore Africa in recent years with the Kenya rift basins currently ranked as the hottest onshore exploration jurisdiction in the world.

With significant industry interest, low valuations relative to resource potential, and large rift basin acreage positions, Kenyan rift oil companies Africa Oil Corp. (AOI-TSX; AOIFF-US) and Taipan Resources (TPN-TSX-V; TAIPF-US) are primed for potential takeovers.

LL


Read more at https://www.stockhouse.com/companies/bullboard/v.tpn/taipan-resources-inc#BT7sRigVo6vkYeOy.99
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities