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Simba Essel Energy Inc SMBZF

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

Bullboard Posts
Comment by LuckyLukeon Sep 02, 2016 2:02pm
111 Views
Post# 25203549

RE:if 2A had shown OIL in 1980, why was it abandoned ?

RE:if 2A had shown OIL in 1980, why was it abandoned ?Franky: The Alberta Oil sands is the largest known reservoir of crude bitumen in the world that first came to the attention of European fur traders in 1719 when Wa-pa-su, a Cree trader, brought a sample of bituminous sands to the Hudson's Bay Company post at York Factory on Hudson Bay where Henry Kelsey was the manager. Fast forward 275 years (or so) and you will see that is wasn't until turn of the 21st century, oil sands development in Canada started to take off, with an expansion at the Suncor mine, a new mine and expansion at Syncrude, and a new mine by Royal Dutch Shell associated with their new Scotford Upgrader near Edmonton. Oil development and exploration takes time..... There are many reasons why things were shut down or slowed down in Africa. Do a little research. LL
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