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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 08, 2015 11:18am
151 Views
Post# 23807020

RE:The devil...

RE:The devil...

SIMBA ENERGY ENTERS IN TO AN AGREEMENT WITH ESSEL GROUP MIDDLE EAST TO INVEST INTO ITS PORTFOLIO OF AFRICAN OIL AND GAS PROJECTS

Simba Energy Inc. has executed an agreement with Essel Group Middle East of Dubai, United Arab Emirates, a subsidiary of Essel Group India, wherein Essel Group will earn a 60-per-cent participating interest in Simba's existing production sharing contracts in Kenya, Chad and Guinea. Simba will be carried on all future exploration costs. 

This is excellent news, sounds like more news/details will be coming!!!

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