Simba Energy Corporate Presentation - Proactive Investors

SIMBA ENERGY
(TSX-V: SMB)
(Frankfurt: GDA)
Corporate Presentation December, 2010

Cautionary Statement
Statements contained in this presentation which are not historical
facts are forward-looking statements that involve risks, uncertainties
and other factors that could cause actual results to differ materially
from those expressed or implied by such forward-looking
statements. Factors that could cause such differences, without
limiting the generality of the following, include: risks inherent in
exploration activities; volatility and sensitivity to market prices;
volatility and sensitivity to capital market fluctuations; the impact of
exploration competition; the ability to raise funds through private or
public equity financings; imprecision in resource and reserve
estimates; environmental and safety risks including increased
regulatory burdens; unexpected geological or hydrological
conditions; changes in government regulations and policies,
including trade laws and policies; failure to obtain necessary permits
and approvals from government authorities; weather and other
natural phenomena; and other exploration, development, operating,
financial market and regulatory risks. Simba Energy disclaims any
intention or obligation to update or revise any forward-looking
statement, whether as a result of new information, future events or
otherwise.

Corporate Snapshot
Background
Share Structure
• Listed on the Toronto
Venture (TSX.V: SMB) and
Frankfurt (Frankfurt: GDA)
Stock Exchanges
• Converting onshore Liberia
Reconnaissance Licence
NR-001 to a PSA
• Submitted Application for
PSA in Mali
• Submitting Applications for
PSA onshore and offshore
Ghana
Corporate Profile
Share price (CAD) $0.08
Shares issued 93.50 million
Market Cap (CAD) $7.50 million

Operational Overview
• Management’s Focus & Strategy:
Grow the Company into a diversified international producer
with strategic oil and gas assets in Africa that deliver
significant upside potential for shareholders.
• Liberia - Converting onshore Reconnaissance Licence to a
Production Sharing Agreement (PSA)
• Company’s 1 st asset is a licence extending over an area of 1,366
sq.kms and covers the entire onshore extent of sedimentary basin
known as Robert-Bassa Basin.
• Final approval and signed PSA expected by mid February.
• Recently applied for PSA on ‘Block 3’ in Mali
• An asset already w/ +$10 million USD of seismic and exploration
since 2007 covers 22,500 sq. kilometers in an identified basin w/
excellent drill site targets already established.
• A successful application will employ advanced passive seismic
techniques to compliment and strengthen decisions on known drill
targets.
• Advancing on PSA applications for both onshore and offshore
assets in Ghana.

The rush for oil exploration
in West Africa
• Anadarko Petroleum to begin
drilling an exploration well
offshore Liberia early in 2011
• Anadarko Petroleum
announced major discoveries
offshore Sierra Leone (Venus,
fall 2009, Mercury Sept. 2010)
• Chevron granted three
deepwater concessions
offshore Liberia, exploration
to start 4 th quarter, 2010
• Major oil discovery in Ghana
is about to begin production in
2010 (Jubilee)
Largely unexplored region with billion barrel potential fields already
discovered (Venus & Mercury off Sierra Leone, w/ Jubilee off Ghana)

Liberia onshore licence
• First onshore Hydrocarbon
Reconnaissance Licence
NR-001 in Liberia
• Over 1,366 sq. kms entirely
covered by the onshore
extent of the Robert-Bassa
Sedimentary Basin
• Early in 2010 Company
conducted extensive satellite,
airborne and gravity
reinterpretations of previous
data
• Company is converting its
Reconnaissance Licence into
a PSC with the National Oil
Company of Liberia (NOCAL)

Liberia onshore licence
• During January 2010,
Simba Energy supervised
an exploration team of
geology students from the
University of Liberia to
carry out an extensive
survey over the most
prospective portions of
Simba’s licence area
• 15 oil seeps found on all
traverses explored
covering an area of
approximately 125 sq.kms
• Each sighting had
numerous oil seeps in
close proximity
The high volatile oil associated with the seeps is a positive indication of mature oil. The onshore basin is
either deep enough to have temperature and pressure levels capable of maturation or migration has come
from offshore sediments.

Locations of reported &
studied oil seeps
8

Liberia – Gravity Map
Gravity map showing study area and the outline of the onshore basin as indicated
by the blue low area. The large purple to blue areas north of the basin consists of
Precambrian low density rocks.
9

Liberia onshore oil seeps
Seeps were identified and quantified on the following observations:
•Often there was kerosene smell (description of a hydrocarbon smell or stink)
•The hydrocarbon present is very volatile and was only seen entering fresh pits.
• Generally seeps were found in quiet water as their identifier features are better
preserved.

Mali – Block 3 Application
• Formally submitted application
for a Production Sharing
Agreement (PSA) on ‘Block-
3’ in Mali w/ “AUREP” -
L'Autorité pour la Promotion
de la Recherche Pétrolière au
Mali (The Authority for the
Promotion of Oil Research
in Mali).
• Block 3 covers over 22,500
sq. kms centrally located in
the very large Taoudeni
Basin.
• Over the past few years,
Eni S.p.A (Italy) conducted
extensive satellite, airborne,
gravity, 2D Seismic
interpretation of new and
previous data
The Taoudeni Basin is the largest
under explored basin in West Africa!

4 Previous Wells
Mali – 4 Previous Wells
Hydrocarbons shows in all four wells.

Mali
Section illustration indicating Taoudeni Basin (left side).

Mali
Late stage bitumen
in fracture surfaces
of limestone

Activity Highlights
Liberia
• PSC Application submitted and awaiting approval
(expected by mid February 2011).
Mali
• Block 3 (PSA) application submitted & under review with
final notification expected in January 2011.
Ghana
• Filing Onshore PSA application by end of December.
Management continues:
• Assessment and negotiation on a number of available
(smaller) production assets to support overhead.
• Pursuing other high value assets / PSA’s in the region.
15
11

Directors & Management
Robert Dinning, President, CEO & Director
• Chartered Accountant has operated his own consulting business for 30 years focused
primarily in the natural resource industry and brings effective management and administrative
experience to the Company
• Extensive experience structuring and managing public companies
• Currently a director & officer of three other public companies, Chairman - Paramount Gold
and Silver;
CFO - ATAC Resources, CFO Sonora Gold and Silver
James W. Dick, Chief Technical Officer & Director
• P. Geol., P. Eng., APEGGA
• Currently President, J.W. Dick & Associates Ltd.
• Consulting geologist for Katana Resources during Liberian oil exploration in the early 1980’s
• Extensive international oil & gas development experience
Mr. Dick was part of the team that:
• Drilled the first offshore well on the east coast of Canada.
• Made the discovery of the major Mitsue Field, onshore northern Alberta
• Made the first discovery of oil in the Beaufort Sea.
• Found several Tcf of gas in the Beaufort Sea at (Taglu. Mallik, Ivey, Adgo)
• Brought the first oil ashore in the North Sea (Auk)
• Brought the first oil ashore from the Brent Field, North Sea

Directors & Management
Dr. Karim Akrawi, Vice President Exploration & Director
• Holds a PhD degree in Geo-Statistics and Exploration from London and a BSc. degree in
Petroleum Geology from Baghdad, Iraq.
• Currently the managing director of Geodynamics; he is responsible for worldwide
Geosciences Passive Seismic - Infra Passive Deferential Spectroscopy (IPDS) surveys
activities; including (programming, developing, studies, data integration and interpretation)
• Has worked extensively in Africa including Mali.
• Senior Reservoir Geologist with Abu Dhabi Company (ADCO) for Onshore Oil Operations
from 1980 to 2008 (and now producing 1.8 million barrel oil per day). Has worked on most
Exploration areas, Prospects, Discoveries and Developed Fields in UAE as well as other
parts of Gulf exploration areas.
• From 1972 to 1980, Head (acting) of Geology in Northern Petroleum Organization Kirkuk-Iraq
(Ex. IPC), producing 1.2 million barrels of oil per day. Involved in supervision of exploration
and field development drilling activities for most all oil fields in central and northern Iraq
• Has prepared and participated in over 220 technical paper and reports
• He is Petroleum Advisor of Iraqi Business Council (IBC). Karim is an active member in
several international technical societies: AAPG, SPE, EAGE & EGS.

Directors & Management
Casey Forward, CFO & Director
• Certified General Accountant with over 23 years of experience.
• Mr. Forward is a director and officer of several public companies involved in the mineral resource
sector and as Chief Financial Officer is an integral part of the management team.
John King Burns, Director
• Seasoned career in the global resource and finance sectors.
• Considerable experience and track record in providing capital investment, investment banking,
financial and business advisory services to natural resource exploration companies including former
Managing Director and Global Head of the Derivative Trading and Finance Group of Barclays
Metals Group, Barclays Bank PLC in London England.
• Director of Hunter Energy LLC (Colorado), NuCoal Energy Corp. (Saskatchewan), and NovaDx
Ventures Corp. as well as Independent Director for government controlled China Gold Internations
Resources Corp.
Charles de Chezelles, Non-Executive Director
• Mr. de Chezelles is a highly experienced finance industry expert. Past positions include: General
Manager, at Banco Real SA; Executive Director at CSFB; Director at First Boston Europe, London.
• Currently Managing Director of Omega Trust Company Ltd. (London), Mr. de Chezelles sits on the
Board of several financial companies and Trusts.

Management & Advisors
Mr. Hassan Hassan, Consultant
• Over 25 years experience with business development activities in mineral resource, energy,
and public company sectors
• International business consultant with a proven track record serving many companies in
global resource, energy and other sectors
• Founded International Resource Strategies Liberia Energy Inc. (IRSLE), which was acquired
by Simba Energy Inc. (and will soon be formally re-named to Simba Energy Liberia Inc.) that
holds the Company's License NR-001 in Liberia as detailed above.
• Very well established affiliations within the oil & gas sectors of Africa and the Middle East
Erick Banzer, Africa Operations Manager
• Mr. Banzer has been working in West Africa since 2007 and is also involved in the mining
sector in Liberia and West Africa.
George Garteh, Country Manager, Liberia
• Country Manager of our subsidiary company, International Resource Strategies Liberia
Energy Inc. (IRSLE) since its inception in 2008.
• Citizen of Liberia with strong knowledge of Liberian law and understanding of Liberian
business culture.

SIMBA ENERGY INC.
Suite 1128
789 West Pender St
Vancouver, BC V6C 1H2
Canada
Tel: +1 604 641 4450
Fax: +1 604 669 9335
www.simbaenergy.ca
info@simbaenergy.ca