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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 > think Essex might ever farm out part of their interest?
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Comment by dat51oron Jul 03, 2019 7:09pm
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Post# 29885004

RE:think Essex might ever farm out part of their interest?

RE:think Essex might ever farm out part of their interest?I doubt it. AOI didn't do well on neighboring Block 9 finding lots of gas, but no oil. They have plenty of drilling opportunity on existing licenses. BTW, AOI is a screaming buy, selling for a little above cash value. They have a $450 m cash purchase (Nigerian deep water production) due to be announced any day giving lots of nice cash flow. No debt. Superb mgt. Sitting on many prized assets. mvho, dat
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