Simba Essel Energy Inc SMBZF

RE:TECHNICAL REVIEWS OF ASSETS IN JORDAN AND EGYPT ....

[virgo85]

I LOVE BULLET POINT NUMBER 7 ABD HOPEFULLY HAPPENS SOON.... ....Dont blame the Indians . ..lucky that they. came and extended the life of Simba for another 3 years.. The real bullcheater RD. Had been sitting since 2009 and had exhausted the PP survival of SMBz life....LOL....Check it out...ESSEL ONLY CAME IN APRIL 2015...and SMB needs only the CEO to run and make all the decisions of the company and not President.....or else soooooooooooon....LOL....... The statements belowcare all

SwissMan wrote: 1. Discussions are underway with various service providers on advanced technological updates in FTG survey methodology to be considered for Liberias Robert Bassa Basin. Based on preliminary data, few vendors have demonstrated feasibility study results using advanced technology. Based on discussion with various vendors on technology, a tender is being issued in market to various renowned companies for the airborne survey. 2. Technical review on G&G aspects of assets pertaining to Jordan with reference to an EOI invitation from ministry of energy from Jordan is under progress with the limited data provided from the Ministry. EOI shall be submitted after the completion of the study and a review of the assets. 3. Technical review of an early production asset in Egypt located in the Gulf of Suez is in progress. 4. All regulatory aspects have been evaluated which are required to be taken care of during the execution of FTG in the licensed area. An Environmental impact assessment (EIA) tender has been floated in market to initiate EIA activities in Liberia to facilitate the start of the FTG survey as planned. We have received several bids from reputed / EPA approved consultants for the EIA study in Liberia. 5. Essel Group Middle East (EGME) exhibited their first stall at ADIPEC (November 13 to 16, 2017). The EGME hydrocarbon team was part of the exhibitors to edify the market with the companys hydrocarbon business goals, recent updates and plans on other businesses also. The event attracted many suppliers, service providers, investors and appraised the view on EGME in the global market. 6. An in-house petroleum prospect study on global oil & gas producing countries is in progress, considering various parameters to enhance investment and farm in relations. 7. Technical discussion with drilling service providers and suppliers is in progress. 8. Following a workshop and yard visit in China, we have received a preliminary techno commercial offer which is under evaluation. It will be followed by discussions, negotiations and award for drilling equipment. https://www.esselgroupme.com/wp-content/uploads/2018/01/Unsol-07-December.pdf