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Simba Energy Inc.(TSXV:SMB,FWB:GDA,OTCBB:SMBZF) reported the latest updates from the Company’s 100% interest in Block 2A in Kenya.
Highlights include:
- The work program for year one has been submitted to the ministry and approved.
- Environmental baseline and survey work commenced December 6 with completion anticipated by mid-January 2012.
- The Company has selected and engaged a geophysical consultant with extensive experience on Block 2A and surrounding blocks.
- Existing gravity and magnetic data has been obtained, processed and currently being re-interpreted.
- Reprocessing of select 2D lines has also commenced.
- Further the Company has been successful in obtaining copies of all existing 2D seismic survey lines (800 kilometres) carried out by Chevron and Amoco.
Simba Energy Inc., President & CEO, Robert Denning, said:
We are very pleased with the progress the team has made on the ground in Kenya. During our initial assessment of available data during the application process we became very confident in the exploration potential for Block 2A and are therefore now very keen to evaluate the re-interpretations in these coming months.
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