Simba Essel Energy Inc SMBZF

RE:FYI

[Eskimoman]

HARJAY wrote: Not trying to be negative believe me. I just as much as everybody else here wnt this co. to come back from where it is now  and be successful . Came across this and wondered how it woulld affect our co. in attracting a entity with deep enough pockets and interest to bring SMB back to life and progress forward to one that drills some  wells and achieves finding tht oil that will turn this co. into what we believed it could be.

Total SA (TOT). Total and Tullow Oil aim to reduce their stakes in Kenya's first oil development with a joint sale that could see Tullow exit completely amid uncertainty over the project's launch, banking and industry sources said. The two oil and gas producers have hired French bank Natixis to run the joint sale process for Blocks 10 BA, 10 BB and 13T in the South Lokichar Basin, the sources said.

......Tullow is in deep financial trouble.....they are in survival mode.....and maybe it will be a wake up call to the kenyan govt.....more upside for Tullow and Total in Guyana along with EOG....