Simba Energy Increases Private Placement to $2.15 Million
Simba Energy has announced that it has increased the size of its previously announced private placement to raise gross proceeds up to $2,150,000 (43 million units at a price of … Read More
Tag: Block 2A
2D Seismic in Kenya’s Block 2A To Commence in May 2016
Simba Energy has said that through its subsidiary Company Simba Africa Rift Limited together with its farm in partner Essel Group ME (EGME), have agreed that the 2D Seismic Data … Read More
Simba Energy Raises $2.1 Million To Fund Exploration In Kenya
Simba Energy has closed its previously announced in November 2015 non-brokered private placement to raise gross proceeds of $2,100,749.00 through the issue of shares to fund exploration commitments associated with … Read More
Simba Completes Definitive Agreement with Essel Group for Block 2A, Kenya
Simba Energy has announced it has executed a definitive farm-out agreement with Essel Group Middle East DMCC on Block 2A in Kenya wherein Essel Group Middle East will earn a … Read More
Simba Energy to Acquire 2D seismic in Kenya’s Block 2A in Early 2016
Block 2A operator Simba Energy has told investors that it plans to start its seismic program in Kenya in early 2016 and is currently coordinating with its new partner Essel … Read More
Simba Energy Gets Kenya Government Greenlight for Block 2A Farm-in to Essel Group
Simba Energy has announced it has received formal approval from the Government of Kenya for its farm-in agreement with Essel Group. Under the terms of the farm-in agreement, Essel Group … Read More
Simba Energy raises $360,000 to fund exploration in Africa
Simba Energy has announced it has completed a non-brokered private placement involving the sale of up to 15,000,000 units at a price of Cdn$0.03 per Share. Each unit will consist … Read More
Drilling of Badada-1 well in Kenya’s Block 2B begins
Block 2B operator Taipan Resources through its subsidiary Lion Petroleum has announced that the GW-190 rig has spudded Badada-1 well with the well planned to be drilled to a total … Read More
What to look out for in Kenya’s oil and gas sector in January 2015
2015 continues to look promising for the oil and gas sector in Kenya with various planned projects expected to continue while new companies will begin work in the various acreages. … Read More
Simba Energy expects to sign Block 2A 2D seismic contract in Q1 2015
[twitter-follow screen_name=’oilnewskenya’] Simba Energy has said it expects to sign a contract and commence the initial 2D seismic program in the first quarter of 2015 with its technical team having … Read More