Seismic work to begin on potential Kenya oil well

Source: Simba Energy Inc.

Simba Energy Inc. (the “Company”) (TSXV: SMB, Frankfurt: GDA, OTCQX: SMBZF) is pleased to report it has been notified by GeoDynamics Research S.R.L. (Italy) that on site reconnaissance of its 100% interest in Block 2A - Kenya is to commence in April. Crew and equipment is scheduled to arrive early May 2012 and we will begin an extensive program acquiring passive seismic survey data.

The scope of this survey covers 750 square kilometers with 250 MPS (measuring points) on 2 km spacing to identify, and evaluate areas with hydrocarbon potential on Simba’s Block 2A.

James W. Dick, P Geol., P. Eng., (APEGGA), and Qualified Person in accordance with NI 51-101, and a Director of the Company remarks “The planned survey covers a portion of both basins within Block 2A where the Company has already identified 2 exploration leads by re-working existing 2D seismic data. These existing exploration leads will receive the immediate focus along with any additional leads identified from ongoing 2D re-interpretation. The potential areas identified will be further evaluated by conventional seismic most likely 3D or 2D and/or gravity gradiometer prior to selecting a drill site.”

The acquisition work in the field is expected to take 30 days with a report due within 30 days upon completion of field work.


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