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Simba commences local oil exploration

23 April 2014, 13:18

Nairobi - Simba Energy, the Canadian oil and gas company, has announced that it will soon commence airborne survey in Kenya.

Simba Energy expects that the Full-Tensor Gradiometry (FTG) survey, which it has commissioned Bell Geospace to conduct, will start in early May and be complete approximately after 30 days.

The programme contemplates flying over two target areas within Block 2A over the central portion of the block covering the company's earlier defined primary and secondary target areas SSE from Wajir and within the southern extents of the Mandera basin. The survey will also be conducted along the block's southern boundary over the eastern margins of the Anza Basin.

Simba Energy expects that the resulting data from this FTG survey will serve to provide for a more focused and cost effective 2D seismic well location targeting program planned for later this year.

“The Company has seen a significant increase in drilling activity adjacent to Block 2A and this has led to increased interest by potential farm-in partners to drill our Block 2A,” commented Robert Dinning, President and Chief Executive Officer.

Simba Energy hopes that once Africa Oil completes exploration at Block 9, which shares a boundary with Block 2A, it would provide insight into the prospectivity of the eastern margins of the Anza Basin.

Block 2A is near to the South Lokichar basin where Africa oil and Tullow Oil have had significant discoveries.

A statement by Simba Energy said that the company was currently in discussions with various companies who had expressed interest in working with Simba by farming directly into Block 2A and conducting both the seismic program and in drilling the first wells under the terms of a farm-in agreement.

 – CAJ News

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