Simba Energy Corporate Presentation - Proactive Investors

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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)
Page 1 and 2: SIMBA ENERGY (TSX-V: SMB) (Frankfur
Page 3: Corporate Snapshot Background Share
Page 7 and 8: Liberia onshore licence • During
Page 9 and 10: Liberia - Gravity Map Gravity map s
Page 11 and 12: Mali - Block 3 Application • Form
Page 13 and 14: Mali Section illustration indicatin
Page 15 and 16: Activity Highlights Liberia • PSC
Page 17 and 18: Directors & Management Dr. Karim Ak
Page 19 and 20: Management & Advisors Mr. Hassan Ha

Simba Energy Corporate Presentation - Proactive Investors

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