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Simba Energy Fuels New Finds in Africa

 

Simba Energy's Hassan Says Company is in "very good shape" in up-and-coming Kenya

Kenya: Oil Find Boosts Simba Energy's Prospective Potential

"Canadian junior oil and gas explorer, Simba Energy Inc., acquires and develops overlooked and underexplored hydrocarbon opportunities in Africa. TradeInvestAfrica interviewed the managing director-operations, Hassan Hassan, on the company's strategy in Africa and what Tullow Oil's recent find in Kenya means for its own operations in Turkana."

Click here to read the full article.

Simba Ready for Kenya Seismic in April

"Simba Energy Inc. obtained all the past geophysical data relevant to Kenya’s Block 2A. The reprocessing of 2D seismic lines has been completed and all other seismic data scanned and vectorized into digital format. Existing gravity and magnetic data has also been reprocessed and is now being interpreted in conjunction with the seismic work. Further, two exploration leads have already been identified in these early stages of the study.

In addition, the project’s EIA was completed and approved by management and the company has officially submitted the assessment to the oil ministry. The work program for the block has already been approved by the ministry and will be accelerated. The work program includes a passive seismic survey which is anticipated to begin in April." {page 12} Message from the Editor {page 4} "Since many of you will have picked up your copy of Petroleum Africa at the Offshore Technology Conference in Houston this month, I thought it would be fitting to discuss the exciting developments that have occurred in Africa’s offshore since last year, and there are many. While offshore GoM and Brazilian discoveries regularly make the headlines, Africa’s deepwater exploration is yielding incredible results on par with these regions, and often dwarfing them.

While historically the focus of African offshore exploration has predominantly focused on the western seaboard from Equatorial Guinea down to Angola, new campaigns have been making headlines to the north and to the south of this hot zone over the past couple of years, especially over the last nine months. Although not making a discovery, Hyperdynamics spud the long awaited for Sabu-1 well off the coast of the Republic of Guinea, giving the partners a glimpse of the prospectivity of the 9,600 sq km concession, while discoveries in Ghana, Sierra Leone, and Liberia are injecting a new enthusiasm in the greater western coastal region. And then there is Namibia which just spud its first well in ages. The multitude of oil companies who have climbed onboard Namibian concessions in recent months are anxiously awaiting news from this drilling campaign.

Meanwhile, East Africa has become all the rage with numerous hits offshore Mozambique’s Rovuma Basin. In two separate concessions, Anadarko and ENI have made strikes yielding world class natural gas finds totaling over 60 Tcf in recoverable resources between them, with potential for more likely. And on the Tanzanian side of the basin, recent hits by the BG/Ophir partnership as well as the Statoil/ExxonMobil partnership, are generating even more East Coast euphoria with several large discoveries expected to bring in billions of dollars of investments in the near- to mid-term. And more exciting news out of the region comes from Kenya. Though not offshore, a small ‘oil’ discovery was made by Tullow Oil in the Lokichar Basin, giving the Kenyans high hopes that more oil will be found onshore and possibly offshore as well. In addition, the natural gas bonanza coming from its neighbors leaves the Kenyans looking for the double play in its deep offshore. During the coming year there are plenty of campaigns from these countries on the books in the form of exploration drilling that will result in firming up the potential of the continent’s newest plays. There may never be a better time than the present for services companies interested in tapping new markets to take that step into Africa. Opportunities will be found in drilling, offshore services, subsea installation, transportation, logistics, LNG, power, and elsewhere.

Algeria and Ghana feature in this issue’s African Focus pages, bringing you all the latest developments from the oil, gas and power sectors, as well as from the political fronts. You will also find an update on Africa’s top offshore developments in our Technology Focus section. Meanwhile, our Downstream Focus article provides some insights into Africa’s LNG prospects from a legal perspective. And this month’s book review on Steven A. Cook’s latest work, The Struggle for Egypt: From Nasser to Tahrir Square, puts forth a historical perspective on the developments out of Egypt since the Tahrir Square struggles began some 15 months ago. As always, your comments and suggestions are welcome and can be sent to info@petroleumafrica.com".

Click here to download the complete April 2012 Issue.

Simba Energy Exploring the great unknown

Simba Energy Featured in International Resource Journal - Simba Energy Exploring the great unknown in Pan-African oil & gas. Investors looking for true frontier oil and gas opportunities across Africa need look no further. Simba Energy Inc. stands unrivalled when it comes to finding overlooked, underexplored projects & venturing out into the great unknown. Click here to read the Article.

Vancouver Based Oil & Gas Explorer Signs Production Sharing Contract with Kenya

05 Aug, 2011 "Kenya has signed a production sharing agreement for a block in its northeast with Canadian oil and gas explorer Simba Energy, which focuses on underexplored and overlooked onshore basins in Africa, the company said on Wednesday."click here for the full article

Simba Energy Inc. at Liberian Mining Energy and Petroleum Conference, Monrovia, Liberia

27 Apr, 2011 "The Company was a bronze organizer of the just ended Liberia First Mining Energy and Petroleum Conference held between Monday, April 11 and Wednesday April 13, 2011"..."Mr. Dick made a splended presentation at the Conference, exposing the potential of Liberia's onshore oil."

 

Simba Energy Donated Medical Supplies to Clinics in Liberia

06 Apr, 2011 "...Simba Energy donated an assortment of medical suppoes to clinics and health centres in lower Margibi and Grand Bassa Counties. Clinics benefiting from the donation include Owensgrove Clinic, Bokay Town and Little Bassa Clinics in lower Grand Bass County."..."Staff of the Mike M. Baydoun Clinic on behalf of the Officer-In-Charge thanked the company for the initiative, which has been described as timely."

 

Oil exploration in West Africa: Stockopedia talks to Hassan Hassan of Simba Energy

12 Oct, 2010 On a scouting exercise to Liberia some years ago, Canadian oil and mining consultant Hassan Hassan secured an onshore land package that was later described by geologists as one giant oil seep. Earlier this year, that exploration licence became the sole focus of Simba Energy Inc (TSX-V: SMB, Frankfurt: GDA), which had previously been known as Gold Star Resources. With a new management team in place and progress being made towards a formal production sharing agreement with the country's government, the sense of anticipation surrounding Simba Energy is building fast. click here for the full article

Chevron farm-in boosts Liberia upstream interest

27 Sep, 2010 Move by the US major puts a couple of small players in an enviable position in one of the West Coast Transform Margin's emerging E&P plays, writes Thalia Griffiths click here to read the article PDF


Chevron's Involvement in Offshore Liberia Could All Go Well For Simba Energy's Onshore Acreage

27 Sep, 2010 Source: Oil barrel written by Stewart Dalby

September 24, 2010 - Two weeks ago Chevron Corporation one of the oil and gas industry's super majors suddenly announced that it had been granted approval by the Liberian government to acquire a 70 per cent interest and operatorship in three deepwater concessions in Liberia. West Africa is, of course, a major oil province. There has in the recent past been a world class discovery in Ghana and this is about to begin production in 2010. But there are other more longstanding producers. Chevron itself has interests in Angola, Chad, the Democratic Republic of the Congo, Nigeria and the Republic of the Congo, from which it produced a net average of 430,000 barrels of oil equivalent a day in 2009.

Simba Energy in the News : Liberia on its way to becoming a major oil producer

26 Sep, 2010 Uganda isn't the only country in Africa on its way to becoming a major oil producer, Liberia is also joining the fray, with experts saying it has a lot of potential. Companies like Tullow Oil have already set up shop and earlier this month US oil major Chevron said it would start exploration off the Liberian coast. For more, our London correspondent Carina Kamel was joined by Hassan Hassan the Founder of Simba Energy, a company that currently operates in Liberia click here to watch the interview click here to watch the interview

 

Latest News

  • Aug 22, 2014

    SIMBA UPDATES DATA ROOM WITH FTG RESULTS FOR BLOCK 2A, KENYA

    (Read More...)
  • Aug 12, 2014

    SIMBA’S FTG SURVEY NARROWS FOCUS AT BLOCK 2A KENYA

    (Read More...)
  • Jul 31, 2014

    SIMBA ENERGY ANNOUNCES CLOSING OF PRIVATE PLACEMENT

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