Simba Energy Updates on Block 2A in Kenya

Simba Energy Updates on Block 2A in Kenya

ID: 96612

(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/13/11 -- Simba Energy Inc. (the "Company") (TSX VENTURE: SMB) (FRANKFURT: GDA) (OTCBB: SMBZF) is pleased to provide the following update on its activities in Kenya on the Company's 100% interest in Block 2A.

"We are very pleased with the progress the team has made on the ground in Kenya. During our initial assessment of available data during the application process we became very confident in the exploration potential for Block 2A and are therefore now very keen to evaluate the re-interpretations in these coming months." Remarks Robert Dinning, President & CEO.

In other matters, the Company advises Dr. Karim Akrawi has tendered his resignation, effective immediately, in order to devote more time to his consulting business. The Company accepts Dr. Akrawi's resignation with regret and wishes him well in his international business activities.

About Simba Energy Inc.

Simba Energy is a Vancouver, B.C. based oil and gas exploration company focusing on underexplored overlooked basins in its pursuit of hydrocarbon opportunities in Africa (currently Liberia, Mali, Ghana, Guinea, Kenya and others). This region has shown increased promise for development of new hydrocarbon deposits. The Company's Senior Management Team aims to leverage their expertise and affiliations to pursue, secure and develop strategic assets that demonstrate high potential for drilling and or production operations; and to do so in a manner of best practices and to the betterment of those communities where we work.

ON BEHALF OF THE BOARD

Robert Dinning, President & CEO

We seek safe harbour.



Contacts:
Simba Energy Inc.
604-641-4450



Simba Energy Inc.
Mark Sommer
Toll Free: 1-855-777-4622



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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 13.12.2011 - 18:44 Uhr
Sprache: Deutsch
News-ID 96612
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VANCOUVER, BRITISH COLUMBIA



Kategorie:

Oil & Gas



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