Simba Essel Energy Inc.

Simba Essel Energy advises that its partner Essel Group Middle East (EGME) have signed an agreement with Bell Geospace to conduct a comprehensive airborne FTG (Full Tensor Gravity Gradiometry) survey across Simba's exploration block in Liberia. The contract will see Bell Geospace fly Full Tensor Gravity Gradiometry (FTG) surveys across 2,962km2 of the onshore coastal strip of Liberia lying within the known extent of the [...]

(TheNewswire) Gagan Goel (the "Offeror") announces that on June 27, 2017 the Offeror, the Chairman and a director of Simba Essel Energy Inc. ("Simba"), acquired beneficial ownership and control of 10,569,214 common shares ("Shares") of Simba at a deemed price of $0.07 per Share pursuant to the settlement of $739,845 of debt (the "Transaction"). The Shares were acquired under the terms of the Transaction by Mr. Goel [...]

Simba Essel Energy announces that it has completed the shares for debt transaction originally announced on May 24, 2017 after receiving approval of the TSX Venture Exchange. Pursuant to the Transaction, the Company issued 10,569,214 common shares of the Company at a price of $0.07 per Share to Essel Group Middle East DMCC to settle debt for advances and direct payments made by EGME to the Company's creditors in the amount [...]

(TheNewswire) Vancouver, BC, Canada / TheNewswire / May 24, 2017 - Simba Essel Energy Inc. (the "Company" or "Simba") (TSX Venture: SMB) (Frankfurt: GDA) (CQX: SMBZF) announces that it has entered into a shares for debt agreement (the "Agreement") with Essel Group Middle East DMCC ("EGME"). Pursuant the Agreement, the Company has agreed to issue an aggregate of 10,569,214 common shares (the "Debt Shares") at a deemed [...]

Simba Essel Energy is pleased to announce that its partner - Essel Group Middle East has contracted the services of Sproule International Limited to complete 2D seismic interpretation services, a prospective resource estimate, and an updated NI 51-101 report for block 2A in Wajir, Kenya. The scope of work involves an update of Sproule's Block 2A interpretation study conducted in May 2012, along with the inclusion of [...]

DUBAI, UAE / ACCESSWIRE / April 25, 2017 / Essel Group ME ("EGME") is pleased to announce that Simba Energy Inc. has become "Simba Essel Energy Inc." effective on Monday, April 24, 2017. At its recent annual general meeting, shareholders of Simba voted in favour of approving the two agreements that Simba entered into with EGME in 2015. This included an agreement under which EGME was granted the right to earn a 60 [...]

Simba Energy is pleased to announce that at its recent annual general meeting, 97.8% of the common shares held by disinterested shareholders voting at the AGM were voted in favour of ratifying, confirming and approving the two agreements the Company had entered into with Essel Group Middle East DMCC in 2015. Pursuant to the first agreement, dated June 15, 2015, EGME was granted the right to earn a 60% interest in Simba's [...]

Simba Energy is pleased to announce it has executed an agreement with the National Oil Company of Liberia (NOCAL) for the issuance of a new Hydrocarbon Reconnaissance License NR-002 that includes Simba's existing concession area as well as new exploration acreage that has been increased by an additional 1,595.7 km2 for a total of 2961.7 km2. The newly expanded exploration area connects Simba's existing onshore concession [...]

DUBAI, UAE / ACCESSWIRE / March 7, 2017 / Essel Group Middle East ("EGME") and Simba Energy Inc. ("Simba") (TSX Venture: SMB) (Frankfurt: GDA) (OTCQB: SMBZF) are pleased to announce that the 2D seismic acquisition programme on Block 2A in Wajir, Kenya has been successfully completed. The survey, which was carried out by Africa Geophysical Services Ltd. ("AGS"), has acquired a total of five hundred and twenty (520 [...]

Simba Energy and Essel Group Middle East are pleased to announce that the 2D seismic acquisition programme on Block 2A in Wajir, Kenya has been successfully completed. The survey, which was carried out by Africa Geophysical Services Ltd., has acquired a total of five hundred and twenty (520) kilometres of 2D seismic lines on the Block 2A which lies within the Mandera basin in Eastern Kenya. James W. Dick, P. Geol., P [...]