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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 kjs4381on Mar 17, 2016 8:41pm
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Post# 24673079

RE:RE:RE:SIMBA ESSEL

RE:RE:RE:SIMBA ESSELDon't think you can compare Ajax with Essel. First of all, Ajax never put out a dime towards Simba.  Essel, has put up a Bond to Kenya govt for I think its 2 million dollars.  they put in a couple million on a placement with Simba and also have a couple people from Essel   now who are directors.  They have spent money on a team of professionals to futher the Kenya blocks and bring them to the point of production once they find oil.

I think it's wrong to think Ajax and Essel are the same. I'm not happy about the SP but willing to give Essel the benefit of the doubt at this point.  They didn't become a 12 Billion dollar company by sitting on there hands.  Quite confident that when we start rolling we'll be happy with Essel as a partner.

JMHO
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