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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 PapaFritzon Jun 27, 2014 3:19pm
277 Views
Post# 22701733

RE:RE:SMB Contract

RE:RE:SMB ContractFTS; that is also my understanding of how the PSC work. The PSC have exploration periods or phases and the co.s must complete X-amount of exploration to stay current. This is why VEL is in trouble, they have been in Kenya since 2007 and still haven't drilled. 7 + years
SMB went into Kenya in 2011 July/Aug. and I believe they are actually ahead of schedule if you can believe it, as far as their PSC requirements, etc.
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