Simba Essel Energy Inc. (SMBZF)
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Simba Essel Energy Inc. Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Robert G. Dinning CEO | OTC PINK Exchange | 82857V103 CUSIP |
| CA Country | 178 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Simba Essel Energy Inc. operates within the oil and gas sector, focusing primarily on the acquisition, exploration, and development of oil and gas properties across the African continent. The company, which is based in Vancouver, Canada, was established in 2010. Initially known as Simba Energy Inc., it underwent a name change in April 2017 to Simba Essel Energy Inc. This change reflected a broader strategy or partnership but did not shift the company’s operational focus. With its expertise and strategic interests, Simba Essel Energy Inc. has positioned itself as a significant player in the exploration and development of hydrocarbon resources in Africa.
Products and Services
- Exploration and Development in Block 2A, Mandera Basin, Northeast Kenya
- Operations in Blocks 1 and 2, Bove Basin, Guinea
- Hydrocarbon Reconnaissance License in Liberia
- Oil and Gas Blocks in Chad: Doba, Doseo, and Erdis Basins
This area comprises approximately 7,802 square kilometers. Simba Essel Energy Inc. owns interests in the production sharing contract for this vast territory, aiming to explore and potentially develop oil and gas resources within this geologically promising region.
These blocks cover about 12,000 square kilometers of onshore territory. Simba Essel Energy targets the exploration of these blocks in the Bove basin, which is considered to have untapped hydrocarbon potential, seeking to uncover viable oil and gas reserves.
The company holds a reconnaissance license covering approximately 1,366 square kilometers in an onshore area of Liberia. This preliminary stage of exploration is crucial for assessing the hydrocarbon potential of the region before committing to full-scale exploration and development activities.
In Chad, Simba Essel Energy has interests in three oil and gas blocks located in the Doba, Doseo, and Erdis basins. These areas are known for their significant oil production and exploration potential, and the company plans to leverage its expertise to explore and develop these assets further.
