Simba Engages Sproule to Evaluate Block 2A in Kenya

Source: www.gulfoilandgas.com 3/27/2012, Location: Africa

Simba Energy Inc. is pleased to announce Sproule Associates Limited (Calgary) as having been engaged to carry out an evaluation on the Company’s 100% interest in Block 2A in Kenya and provide an evaluation report compliant to both NI 51-101, and a Competent Persons Report (‘CPR’ – for European investment standards).

Sproule has considerable evaluation experience in Kenya and especially in the area of Block 2A where they have previously provided similar reports for blocks adjacent to Block 2A. The Company expects the report to be completed in the next 60 days.

Robert Dinning, President & CEO remarks, “…we commissioned Sproule for this evaluation because they have done extensive in depth geological and geophysical studies in the immediate area. While Simba’s technical team is encouraged by its own evaluation and review of the available data, our shareholders can now look forward to seeing the results of an independent evaluation of this asset’s potential within these coming weeks.”


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Related Categories: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 

Related Articles: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 


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