Simba Energy Inc. (SMB:CA)

is a Vancouver, B.C. based oil and gas exploration company, focused on hydrocarbon opportunities in Africa, including the countries of Liberia, Mali, and Ghana.  This region has shown increased promise for development of new hydrocarbon deposits. Simba Energy has already secured a Hydrocarbon Reconnaissance Permit in Liberia; the permit area extends over an area of 1,366 sq. kms and covers the entire onshore extent of the sedimentary basin known as the Robert-Bassa Basin
Simba Energy is the first junior resource company to pursue onshore oil and gas opportunities in the West Africa region since the late 1970’s, as the larger resource companies focused on offshore opportunities. Unsettled political issues certainly curtailed exploration activity but the countries in West Africa are now anxious to develop their natural resource industry and Simba Energy is a participant in this venture. The offshore hydrocarbon systems of West Africa are thought to run onshore as evidenced by existence of oil seeps, tar mats and 100-year-old abandoned wells through out the region.
The Company’s senior management team is comprised of seasoned individuals with esteemed careers in petroleum exploration and development, corporate finance and public company sectors.
In addition to aggressively developing its Liberian onshore asset the Company’s primary focus is to pursue and develop strategic oil exploration assets in Africa.

Simba Energy in West Africa

The Company acquired 90% of International Resource Strategies Liberia Energy, Inc. (“IRSLE”), a private company domiciled in Liberia, West Africa. IRSLE is the holder of the onshore reconnaissance license for the Roberts and Bassa basins.
This onshore reconnaissance license covers the 1,366 sq kms of the onshore coastal strip of Liberia lying within the known extent of the Roberts-Bassa Basin.  Although there are no published studies of this basin, existing field and geological outcrop data produced by the US Geological Survey indicate that it is connected laterally and down-dip with the West African – Atlantic conjugate continental margin.

Current Activities

During the month of January, 2010, James Dick, supervised an exploration team that carried out an extensive oil seep survey over the most prospective portion of the onshore reconnaissance licensed area in Liberia, West Africa. The expedition included a ground crew of 25 geology students from the University of Liberia who in turn traversed a 125-square-kilometre area of rivers and tidal mangrove swamps, collecting and recording extensive data and samples.

At the conclusion of the oil seep search and after careful evaluation, consulting geologist Mr. Dick stated: "The high volatile oil associated with the seeps is positive indication of mature oil. The basin is either deep enough to have temperature and pressure levels capable of maturation or migration has come from offshore sediments."


The initial focus of the oil seep survey concentrated on two areas, the Marshall City area where oil seeps have been reported for several years, and the airport area where the company lacked anecdotal information, with the objective to confirm the previously indicated oil seeps and expand the area of proven oil seeps.
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