|By Marketwired .||
|November 19, 2012 03:01 AM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/19/12 -- Simba Energy Inc. ("Simba" or the "Company") (TSX VENTURE:SMB) (FRANKFURT:GDA) (OTCQX:SMBZF), the pan-African onshore exploration oil & gas company, is pleased to announce that it has retained executive search consultants Preng & Associates.
Simba has retained Preng & Associates to bolster Simba's technical and professional team.
Simba is also pleased to announce the opening of its virtual data room for Block 2A, Kenya.
Hassan Hassan, Managing Director, Operations, said, "Simba is a fast moving exploration company with a challenging workload. To date, we have been under- staffed and in order to achieve our objectives, additional technical and professional staff are now needed."
About Simba Energy:
Simba Energy Inc. is an international oil & gas exploration company focused on onshore Pan-African opportunities. The Company holds a diversified portfolio of 100% or majority interests in several prospective oil & gas exploration assets in Kenya, Chad and Guinea.
In addition to its 100% interest in Kenya's Block 2A, Simba holds a 60% interest in Blocks 1 & 2, onshore Republic of Guinea and holds 100% interests in three prospective oil & gas blocks in the Republic of Chad. The Company is also the successful applicant for Block 3 in Mali and has applications pending for onshore blocks in Liberia and Ghana.
Simba's objective is to establish itself as a diversified international developer and producer with a growing oil & gas acreage position and significant upside potential for shareholders.
About Preng & Associates:
"Preng & Associates (www.preng.com) is a global energy search specialist, focusing exclusively on executive searches within the energy and natural resources industries. For more than three decades, Preng have been helping companies recruit board members and their top management teams."
ON BEHALF OF THE BOARD
"Robert Dinning", President & CEO.
We seek safe harbour.
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