ERHC Energy Inc (ERHE)

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Has Simba drilled any wells yet or are they basing the billion BOE on the 2D seismic?

Hassan remarked, “We have had excellent exploration results to date on the ground, and we’re confident our next phase of 2D seismic in Kenya will yield strong drilling targets ready to drill next year. Simba’s business model is to acquire large exploration acreage in frontier regions of Africa that demonstrate billion barrel reserve potential, and Kenya has certainly lived up to that strategy.”