Sign up
Oil Capital

Simba Essel Energy Inc set for airborne surveys across its Liberia block

Bell Geospace will fly surveys across 2,962 sq km of the onshore coastal strip of Liberia
1505162886_shutterstock_225857653.jpg
Simba says its mission is to focus on onshore oil and gas potential in areas that are underdeveloped or not previously exploited

Simba Essel Energy Inc (CVE:SMB) says Bell Geospace will conduct an airborne survey across Simba's exploration block in Liberia.

Partner Essel Group Middle East (EGME) inked the deal, which will see Bell fly surveys across 2,962 sq km of the onshore coastal strip of Liberia lying within the known extent of the Roberts-Bassa basin.

"We are very pleased to once again work with Bell Geospace and look forward to beginning the next stage in the development of our Liberian hydrocarbon reconnaissance permit," said Hassan Hassan, managing director of operations at Simba Essel Energy.

Acquiring FTG (full-tensor gravity gradiometry) data over the onshore/shallow water will provide valuable data which will be critical in planning the future seismic program. he added.

The survey flights will start during the last quarter 2017 and early 2018.

Simba has active onshore production-sharing contract in Kenya, final negotiations for a new production-sharing contract in Guinea, a new hydrocarbon reconnaissance permit in Liberia, and production-sharing contracts under negotiations in Chad and Ghana.

View full SMB profile

Simba Essel Energy Inc Timeline

View All

Related Articles

© oil Capital 2017

Oil Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed oil companies to interact with institutional and highly capitalised investors.
Headquartered in London, Oil Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.