GREY:SMBZF - Post by User
Post by
PapaFritzon Jun 08, 2015 3:00pm
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Post# 23808062
Seismic, Drilling in Kenya, Chad & Guinee all paid for $$$$
Seismic, Drilling in Kenya, Chad & Guinee all paid for $$$$Simba has successfully obtained production sharing contracts in three countries in Africa and is now ready to proceed to the next level in the development of its portfolio of exploration assets.
This includes completion of a seismic program in Kenya, leading up to the drilling of our first exploration well on block 2A, and advancing our exploration programs in Chad and Guinea.
We are delighted to enter into this agreement with the Essel Group which will provide Simba with strong financial, technical and marketing support to advance development of our properties," said Robert Dinning, president and chief executive officer.