March 4, 2013, Vancouver, B.C., Canada. Simba Energy Inc. (“Simba” or the “Company”) (TSXV: SMB; Frankfurt: GDA; OTCQX: SMBZF), the pan-African oil & gas explorer, is pleased to announce two key appointments to the Company’s technical team in London: Mr. Oleg-Serguei Schkoda as Vice President, Exploration & Project Management and Ms. Katia Russo, Geoscientist.
Mr. Schkoda, 42, is an upstream oil & gas executive with an 18 year career that has spanned the globe with postings in Europe, North America, Asia, Africa and the Middle East. He has acquired a wide range of oil & gas expertise from the early stages of exploration to acquiring seismic to drilling to production. In particular, Oleg has extensive operational experience throughout Africa.
Holding a Masters in Mining Exploitation (Brussels) and Petroleum Geology (Nancy, France), Oleg first worked as a reservoir engineer for Petrofina’s exploration department before completing a Master of Petroleum Engineering at the IFP (Institut Français du Pétrole) in Paris.
He has also worked for Schlumberger and was a reservoir specialist for Baker Hughes. Most recently, Oleg was Vice President for Cougar Drilling Solutions, a Canadian directional drilling service company active in Africa.
Mr. Schkoda is fluent in several languages including English and French.
Ms. Katia Russo received a First Class BEng (Hons) in Petroleum Engineering from London South Bank University and is completing a MSc in Petroleum Engineering from Heriot-Watt University in Edinburgh. She also holds a BA (Hons) in Management from West London University.
Katia has previously worked as a Reservoir Engineer for Petrophase’s Enhanced Oil Recovery Projects.
Mr. Hassan Hassan, Managing Director of Operations for Simba, remarked:
“These key additions to our technical management team put the Company in a better position to implement its aggressive exploration and farm-out strategy. Our primary objective is to develop further our Kenya and Chad concessions that continue to attract attention from a variety of international oil & gas companies.”
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 of) interests in six prospective oil & gas exploration concessions in Kenya, Chad, Guinea, Liberia, Ghana and Mali.
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 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.
Financial Public Relations (UK), Lionsgate Communications, Jonathan Charles, email@example.com , + 44 (0)779 189 2509.
We seek safe harbor.
ON BEHALF OF THE BOARD
“Robert Dinning”, President & CEO.