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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 stjjmacon Feb 18, 2017 8:54am
189 Views
Post# 25865057

RE:Nothing going on there

RE:Nothing going on there Yes, I was a member for a week or two as well but also got kicked out for reasons unknown to me.  Basically all they have us what anyone eLee can obtain from a call with Mark.

i agree with you that thus is an all or nothing stock.  I also share your concern about the possibility of Simba being taken out before drilling.  Not sure why Essel would commit to spend $250 million for 60% when for another $50 million you can have 100%.

time will tell, I am hopeful that Simba gets the chance to see the first well through, hopefully some time later this year.

should have news on Liberia this week, followed by news on 2d sometime in the next month, followed by Guinea and then hopefully a Kenya spud date in the spring.
Bullboard Posts