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Simba energy awarded exploration contract in Kenya

Oilfield Technology,

Simba Energy Inc. has been granted a Production Sharing Contract (PSC) by the Ministry of Energy, Republic of Kenya for Block 2A, comprising 7801.72 km2 in northeast Kenya.

“We are delighted in having been awarded this PSC from the Republic of Kenya’s Energy Ministry.  This is a major achievement for the Company and further supports our strategy to pursue underexplored and overlooked onshore basins in Africa.” remarks Robert Dinning, President & CEO.

Block 2A overlies the southern tip of the Mandera Basin while the southwest corner of the block extends into the Anza Basin. Block 2A also has excellent potential for significant oil and gas discoveries.

The Company will immediately begin re-interpretation of all available existing data, as well as initiate baseline environmental work, to support the design and planning of a new seismic acquisition program.

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