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Sproule Associates to Evaluate Simba’s Block 2A

Written by Investing News Network
|
Mar. 27, 2012 08:15AM PST

Simba Energy Inc.(TSXV:SMB) announced that they have engaged Sproule Associates Limited to evaluate the company’s Block 2A Kenyan project.

Simba Energy Inc.(TSXV:SMB) announced that they have engaged Sproule Associates Limited to evaluate the company’s Block 2A Kenyan project.

As quoted in the press release:

Sproule has considerable evaluation experience in Kenya and especially in the area of Block 2A where they have previously provided similar reports for blocks adjacent to Block 2A. The Company expects the report to be completed in the next 60 days.

Simba, President& CEO, Robert Dinning, commented:

…we commissioned Sproule for this evaluation because they have done extensive in depth geological and geophysical studies in the immediate area. While Simba’s technical team is encouraged by its own evaluation and review of the available data, our shareholders can now look forward to seeing the results of an independent evaluation of this asset’s potential within these coming weeks.

Click here to read the Simba Energy Inc. (TSXV:SMB) press release
Click here to see the Simba Energy Inc. (TSXV:SMB) profile

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