Simba Energy Identifies Three Significant Oil Seeps in Guinea

  
FSC / Press Release 
Simba Energy Identifies Three Significant Oil Seeps in Guinea 
Vancouver, British Columbia CANADA, February 27, 2013 /FSC/ - Simba Energy Inc.
(TSXV: SMB, OTCQX: SMBZF, Frankfurt: GDA)("Simba" or the "Company"),the
pan-African oil & gas explorer, is pleased to report it has identified three
additional and significant seeps during its initial phase of 2013 exploration
work on Blocks 1 & 2 in the Republic of Guinea's Bove Basin. 
"Further to our site visit last summer that identified and confirmed a number of
known seep areas within Block 2, these three additional seep areas (two in Block
1), from Paleozoic rocks, are impressive and clearly the best seeps seen to
date.  They certainly increase the prospectivity of both the blocks with the
presence of higher C hydrocarbons.  A number of samples have been sent to the
lab for analysis." remarked James W. Dick, Director and CTO for Simba. 
In view of the results to date, the Company now plans to focus its initial
exploration work in the Republic of Guinea on Block 1 and the northern part of
block 2. 
The Company is planning a geochemical survey to collect 2,000 samples covering
1,000 line kilometers mostly within Block 1 to focus upcoming phases of
exploration.  Crews will be mobilized within the next month with completion
anticipated shortly thereafter. 
James Dick, P.Geol., P.Eng., Director of the Company and Qualified Person in
accordance with National Instrument 51-101, has reviewed and approves the
technical disclosure in this news release. 
About Simba Energy: 
Simba Energy Inc. is an international oil & gas exploration company focused on
onshore Pan-African opportunities. The Company now holds a diversified portfolio
of 100% or majority or interests in several prospective oil & gas exploration
assets in Kenya, Chad and Guinea. 
In addition to its 100% interest in Kenya's Block 2A the Company holds a 60%
interest in Blocks 1 & 2, onshore Republic of Guinea and has recently signed a
Production Sharing Contract (PSC) with the Republic of Chad for a 100% interest
in three prospective oil & gas blocks within the Doba, Doseo and Erdis basins. 
Simba's objective is to establish itself as a diversified international
developer and producer with a growing oil & gas acreage position with
significant upside potential for shareholders. 
For further information contact: Ph. 604-641-4450, or visit: www.simbaenergy.ca
, or email: info@simbaenergy.ca , or Mark Sommer, Toll Free: 1-855-777-4622,
or;Financial Public Relations (UK), Lionsgate Communications, Jonathan Charles,
jcharles@lionsgatecomms.com , + 44 (0)779 189 2509. 
We seek safe harbor. 
ON BEHALF OF THE BOARD
Robert Dinning, President & CEO. 
This press release is available in PDF. Please click on the following link to
view the PDF file: 
http://www.usetdas.com/pr/SimbaEnergyFeb272013.pdf 
Source: Simba Energy Inc. (TSX-V: SMB) (OTCQX: SMBZF) (Frankfurt: GDA)
http://www.simbaenergy.ca
Maximum News Dissemination by FSCwire. http://www.fscwire.com 
Provider ID: 00021178
-0- Feb/27/2013 14:15 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.