Simba Essel Energy Inc (SMBZF)

[otced]

Waiting still waiting !!!!!......WE love SIMBA(Lion king)

The EGME technical team have reviewed all data pertaining to the interpretation and have comprised a drill program which will be submitted to the Ministry of Energy in Kenya. This will be followed up with a technical presentation to the Ministry as part of their application to obtain a formal permit to drill.

EGME is also in advanced negotiations with a major drilling company regarding a drill program for Block 2A in Kenya. Once finalized, this drilling agreement will be submitted to the Ministry of Energy in Kenya for approval and issuance of a permit for drilling purposes.

In Liberia, EGME has executed a contract with Bellgeo Enterprises Limited of Edinburgh wherein Bellgeo will conduct a Full Tensor Gravity Gradiometry (“FTG”) survey in Roberts and Bassa Basin in Liberia. This contract has been submitted to NOCAL, which is the governing body in Liberia for resource exploration, for approval. This is part of a final environmental approval which must be issued by NOCAL prior to undertaking any exploration activities on the block.

Simba Essel Energy Inc. currently holds a Hydrocarbon Reconnaissance License (NR002) in Liberia which covers an onshore area known as Roberts and Bassa Basin and nearshore for a total of 2,961.7 sq. km.