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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

Comment by yycblackgoldon Dec 17, 2018 11:54am
99 Views
Post# 29124022

RE:RE:RE:Would be nice to get an update on the below?

RE:RE:RE:Would be nice to get an update on the below?It is somewhat common industry knowledge that SimbaEssel have been shopping Kenya and the other African projects.  As for actual interest in a farm into these assets, I have no knowledge or insight, but it would make sense for a major with a local presence to be interested.

Vacc77 wrote: A 3rd partner that would complete the Essel and Simba team is exactly what is needed:

Simba: hold the PSC
Essel: hold the money
3rd partner: hold the expertise (drilling)

They are in discussion with a MAJOR company, and this company is aware and not scared about the fact that the oil or gaz is deep in Kenya. They also are already active in Africa and Known by government with high credibility. This is some precision I got. 

But don’t forget about Liberia and Guinea. If you believe in Kenya, you should expect again more from Liberia and Guinea. Guinea is our best Asset and at least one other MAJOR company has eyes on us actually. 

There is is a timing for everything. All predictions give the oil to rise in the coming years. It’s a non-renouvable ressource as everybody know. The most important here is to build the parterships, work together on the plans, get the permits and have clear win-win contracts. We have been there a lot of time, but i’m hearing good things these days. We have multi-millions barils PSC, in good politic climate. Our turn will come. I asked to management if they still believe in a share price over 1$ and the answer is yes. 

Hope it can help while we are held in quasi-ignorance.

Don’t be scare to go for information, it’s not always easy to talk to someone but he will take the time to answer all what he can for the moment. 




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