News

June 5th 2013, Vancouver, B.C., Canada. Simba Energy Inc. (“Simba” or the “Company”) (TSXV: SMB, Frankfurt: GDA, OTCQX: SMBZF), the onshore pan-African oil & gas explorer with assets in Kenya, Guinea and Chad, is pleased to announce that it has appointed Uwem Uko as Senior Geoscientist.

Uwem has over ten year’s international experience in Africa and Europe. He has a mix of both service and operations experience having worked at Exxon, EOGAS, Landmark, Schlumberger and recently Valiant Petroleum Plc.

Uwem has a BSc. Geology from the University of Calabar, Nigeria and in 2006 gained an MSc. in Oil & Gas Engineering at the Robert Gordon University in Scotland.

Hassan Hassan, Managing Director, Operations said, “Uwem’s appointment completes our in-house technical team ahead of our ambitious exploration and development programmes in Kenya, Chad and Guinea.”

ON BEHALF OF THE BOARD
Robert Dinning, President & CEO

For further information contact Simba Energy Inc. at 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 , or +44 (0)7791 892509.

We seek safe harbour.

About Simba Energy Inc.

Simba Energy Inc. is a Pan-African oil and gas exploration company with onshore PSCs in Kenya, Guinea and Chad. Simba focuses on onshore oil and gas exploration in areas that are under developed or not previously exploited.

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.

May 13, 2013, Vancouver, B.C., Canada. Simba Energy Inc. (TSXV: SMB, Frankfurt: GDA, OTCQX: SMBZF) (“Simba”), the onshore pan-African oil and gas explorer with assets in Kenya, Guinea and Chad, is pleased to announce that it has signed a memorandum of understanding (the “MOU”) with Ajax Exploration Ltd. (“Ajax”), a privately-owned oil and gas company, to farmout a 66% interest and operatorship of Block 2A, onshore Kenya (“Block 2A”).

The MOU, which is to be superseded by definitive farmout agreement (the “Farmout Agreement”) that Simba expects to be negotiated and executed shortly, is intended to set out the principal commercial terms of the farmout only, which are as follows:

Highlights of MOU:

• The transaction provides a significant investment in Simba’s Kenya asset, delivering a fully carried pre-drill exploration program and a commitment to drill and carry Simba for one exploration well.
• Ajax is to commit to a work program including drilling one well for Simba representing a gross investment of up to US$36.5 million (assuming a well cost of US$25 million in Kenya)
• Ajax will pay Simba up to US$3.1 million in back costs. In addition, Ajax will provide a net carry of up to US$12.4 million (assuming a well cost of US$25 million)

The MOU provides that upon execution of the Farmout Agreement, Ajax is to advance to Simba a loan of the sum of US$1,300,000 (the “Loan”) to cover some back costs incurred by Simba prior to the effective date of the Farmout Agreement and to concurrently issue a 2 year convertible loan note (the “Loan Note”) to evidence the Loan. The Loan is to be extinguished and the Loan Note cancelled if and when the Farmout Agreement receives Kenyan government approval and Simba transfers the 66% interest in Block 2A to Ajax. Simba anticipates receiving government approval later this year after executing the Farmout Agreement and transferring the 66% interest to Ajax shortly thereafter, said Agreement and transfer subject to Kenya government approval; however, if such approval and transfer has not occurred within 365 days after signing of such Farmout Agreement, or in the event of default under the Loan Note, then Ajax may elect to convert the Loan into Simba common shares at a conversion price of C$0.075 per share during the first year, or C$0.10 per share thereafter. The Loan is to bear interest at a rate of 3% and permit Simba to prepay a minimum of US$250,000 at any time without penalty. In addition, the Loan Note will restrict Simba from creating, incurring or permitting the subsistence of any security interest over the Kenya production sharing contract or related assets, or from creating any indebtedness or securities or entering into any other obligation that ranks in priority to the Loan Note.

Hassan Hassan, Managing Director of Operations stated, “The MOU with Ajax provides Simba and its stakeholders with the opportunity to accelerate its exploration program in Kenya. Simba’s first Farmout Agreement provides an attractive valuation marker for part of its asset portfolio and delivers the required funding for our upcoming exploration campaign.”

Andrew Shrager, Chairman of Ajax said: “This MOU represents a second step in our relationship with Simba for its Kenya exploration block. In 2012, our associate, GeoDynamics Worldwide srl conducted a broad based grid Passive Seismic survey which identified potential areas for further exploration efforts. We now intend to apply our suite of technologies with the aim of speeding up the exploration phase, and drill our first well in late 2014.”

The Farmout Agreement will be subject to governmental approval, and the terms of the Farmout Agreement and the Loan will also be subject to receipt of acceptance for filing by the TSX Venture Exchange.

About Simba Energy:

Simba Energy Inc. is a Pan-African oil and gas exploration company with onshore PSCs in Kenya, Guinea and Chad. Simba focuses on onshore oil and gas exploration in areas that are under developed or not previously exploited.

Simba’s objective is to establish itself as a diversified international explorer and developer with a growing oil and gas acreage position with significant upside potential for shareholders.

About Ajax:

Ajax Exploration Limited is a newly formed oil and gas exploration company with a particular focus on key technical aspects of G&G analysis. Ajax utilizes a combination of emergent technologies which have been proven in prior exploration work that include passive seismic, ultra low frequency active seismic, and a variety of remote sensing tools which it believes significantly enhances the probability of drilling success.

The company is privately owned, with principal backing from private equity sources that have established businesses in oil and gas trading, terminal construction and logistics, as well other worldwide investments including satellite technology, media, agriculture and real estate holdings.

ON BEHALF OF THE BOARD
“Robert Dinning”, President & CEO.

For further information, please contact: Mark Sommer, mark@simbaenergy.ca , Toll Free: 1-855-777-4622, or Paul Vonk, pvonk@simba-energy.com, +44 (0) 20 7930 8678; ; or visit: www.simbaenergy.ca; or
Financial Public Relations (UK), Lionsgate Communications, Jonathan Charles, jcharles@lionsgatecomms.com, + 44 (0)779 189 2509.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking Information

Certain statements made and information contained herein may constitute “forward-looking information” within the meaning of applicable Canadian securities legislation. These statements relate to future events or the Company’s future performance, business prospects or opportunties. Forward-looking information includes, but are not limited to, statements with respect to the receipt of the Loan, the entering into and the receipt of Kenyan governmental approval of the Farmout Agreement and the additional financing to be received from, and the amount and timing of work to be conducted by, Ajax under the Farmout Agreement. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes” or variations of such words and phrases or words and phrases that state or indicate that certain actions, events or results “may”, “may have”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Although management believes that the assumptions made and the expectations represented by such forward-looking information are reasonable, there can be no assurance that forward-looking information herein will prove to be accurate. Forward-looking information by its nature is based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause Simba’s actual results, events or achievements to be materially different from those anticipated by such forward-looking information. Simba believes that the expectations reflected in the forward-looking information is reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Simba does not intend, and does not assume any obligation, to update the forward-looking information, except as required by applicable laws. The forward-looking information involves risks and uncertainties relating to, among other things, changes in oil prices, results of exploration and development activities, uninsured risks, regulatory changes, defects in title, availability of materials and equipment, timeliness of government or other regulatory approvals, actual performance of facilities, availability of financing on reasonable terms, availability of third party service providers, equipment and processes relative to specifications and expectations and unanticipated environmental impacts on operations. Actual results may differ materially from those expressed or implied by such forward-looking information.

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.

For further information, please 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.

February 27 2013, Vancouver, B.C., Canada. Simba Energy Inc. (“Simba” or the “Company”) (TSXV: SMB, OTCQX: SMBZF, Frankfurt: GDA), 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 Inc.

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. The Company is also the successful applicant for Block 3 in Mali.

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.

ON BEHALF OF THE BOARD
Robert Dinning, President & CEO

For further information contact Simba Energy Inc. at 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 , or +44 (0)7791 892509.

We seek safe harbour.

February 15th 2013, Vancouver, B.C., Canada. Simba Energy Inc. (“Simba”) (TSXV: SMB, Frankfurt: GDA, OTCQX: SMBZF), the onshore pan-African oil & gas explorer with assets in Kenya, Guinea and Chad, has updated its investor presentation.

The investor presentation has been uploaded to the Company Website and can be found at the following link: www.simbaenergy.ca

ON BEHALF OF THE BOARD
Robert Dinning, President & CEO

For further information contact Simba Energy Inc. at 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 , or +44 (0)7791 892509.

We seek safe harbour.

About Simba Energy Inc.

Simba Energy Inc. is a Pan-African oil and gas exploration company with onshore PSCs in Kenya, Guinea and Chad. Simba focuses on onshore oil and gas exploration in areas that are under developed or not previously exploited.

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.

January 28th 2013, Vancouver, B.C., Canada. Simba Energy Inc. (“Simba”) (TSXV: SMB, Frankfurt: GDA, OTCQX: SMBZF), the onshore pan-African oil & gas explorer with assets in Kenya, Guinea and Chad, is pleased to announce that it has appointed Mr. Paul Vonk as its VP, Capital Markets.

Paul has extensive experience as an investment banker advising oil & gas companies on their capital structures, initial public offerings, mergers and acquisitions and farm-out negotiations (including Chad). Most recently, Paul was working in Nomura’s London Natural Resources & Power team. Previously, he covered the oil & gas sector at RBS and ABN AMRO and was a Senior Field Engineer at Baker Hughes.

Paul has an MBA from the University of Oxford, Said Business School, and a MSc. in Mining and Petroleum Engineering from Delft, the Netherlands.

Hassan Hassan, Managing Director, Operations said, “We welcome Paul on board. We have a very exciting and busy schedule this year and look forward to Paul applying his expertise and experience to our key blocks in Chad as well as Kenya and Guinea.”

In addition, Simba has opened an office in London, UK, which will house its operating and technical team.

The London office address is:
Simba Energy
1st floor
29-30 St James’s Street
London SW1A 1HB
United Kingdom

www.simbaenergy.ca

ON BEHALF OF THE BOARD
Robert Dinning, President & CEO

For further information contact Simba Energy Inc. at 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 , or +44 (0)7791 892509.

We seek safe harbour.

About Simba Energy Inc.

Simba Energy Inc. is a Pan-African oil and gas exploration company with onshore PSCs in Kenya, Guinea and Chad. Simba focuses on onshore oil and gas exploration in areas that are under developed or not previously exploited.

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.

January 23, 2014, Vancouver, B.C., Canada. Simba Energy Inc. (“Simba” or the “Company”) (TSXV: SMB, Frankfurt: GDA, OTCQX: SMBZF), the onshore pan-African oil & gas explorer with assets in Kenya, Guinea and Chad, is pleased to announce that it has officially opened its regional office in Wajir, northern Kenya.

Wajir represents the largest community within the Company’s Block 2A concession area. The office in Wajir will act as the regional head office for upcoming operations, including additional seismic activities and be manned by local employees.

Hassan Hassan, head of Operations at Simba, said, “This is an auspicious time for Simba as the Company continues to focus on its ground activities in and around Wajir. We also look forward to developing our relationship with the local districts and regional councils.”

Currently, Simba holds a 100% working interest in Block 2A with farmout talks progressing.

ON BEHALF OF THE BOARD
“Robert Dinning”, President & CEO

For further information contact Simba Energy Inc. at: 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 , or +44 (0)7791 892509.

We seek safe harbour.

About Simba Energy Inc.

Simba Energy is a Pan–‐African oil and gas exploration company with onshore PSCs in Kenya, Guinea and Chad. Simba focuses on onshore oil and gas exploration in areas that are under developed or not previously exploited.

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.

November 19, 2012, Vancouver, British Columbia, Simba Energy Inc. (“Simba” or the “Company”) (TSX.V: 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.

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;

In the UK, Jonathan Charles, jcharles@lionsgatecomms.com , + 44 (0)779 189 2509.

We seek safe harbor.

November 5, 2012, Simba Energy Inc. (“Simba” or the “Company”) (TSXV: SMB, Frankfurt: GDA, OTCQX: SMBZF), the pan-African onshore oil & gas explorer, is pleased to announce the results of the Infrasonic Passive Differential Spectroscopy (or “passive seismic”) survey recently completed over Block 2A, Kenya, where it has a 100% working interest.

The original undertaking was to investigate and as certain the hydrocarbon potential at the Company’s three targets (P1, P2, P3) by first employing a block survey using passive seismic to confirm or identify areas of hydrocarbon potential to be followed up with 2D seismic for structure definition.

This first phase of passive seismic has confirmed P1 to be comprised of two distinct and sizeable leads with excellent hydrocarbon response lying east and SSE of the city of Wajir. The first lead in P1 with an area of 29km² demonstrates the highest level of hydrocarbon seismic energy interpreted amongst all seven potential leads identified by the survey; the second and likely related lead is over 100km² in size with good response for hydrocarbon potential and lies from 8km to 20km+ to the SW.

At P2, several additional interconnected leads have been identified with good hydrocarbon response that is not seen with the current 2D seismic. The third lead, P3, has also been confirmed as a prospective lead where response fit exceptionally well with present 2D coverage.

James W. Dick, P. Geol., P. Eng., Simba’s Chief Technical Officer and a director of the Company said, “Here on Block 2A, in a manner complemented by our existing 2D data, the passive seismic survey has discovered four more potential leads for follow up at our primary and secondary leads (P1 & P2) and confirmed good potential for hydrocarbons. We now have sufficient information and are comfortable that an additional small survey of 2D seismic has the potential to further upgrade our P1 & P2 target areas with some prospects that easily support a decision to drill.”

The Company now intends to carry out at a minimum 200km of 2D seismic to finalize the location and designed depth for the Company’s first exploration well at P1. Planning and preparation for this work is now underway and anticipated to begin in early 2013.

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.

To view a map of the areas identified with hydrocarbon potential by the passive seismic survey on Block 2A please visit the Company’s website or www.simbaenergy.ca.

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.

The Company is also the successful applicant for Block 3 in Mali.

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.

ON BEHALF OF THE BOARD
“Robert Dinning”, President & CEO.

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;

In the UK, Jonathan Charles, jcharles@lionsgatecomms.com , + 44 (0)779 189 2509.

We seek safe harbor.

October 25, 2012, Vancouver, B.C., Canada. Simba Energy Inc. (“Simba” or the “Company”) (TSXV: SMB; Frankfurt: GDA; OTCQX: SMBZF), advises it has cancelled the proposed repricing of options as announced in yesterday’s press release dated October 25, 2012. The options will remain as originally priced when authorized.

The cancellation is effective immediately.

About Simba Energy:

The Company is a Vancouver, BC Canada based oil & gas exploration company focused on onshore Pan-African opportunities. It has recently signed a Production Sharing Contract (“PSC) with the Republic of Chad for 100% interests in three prospective oil & gas blocks within the Doba, Doseo and Erdis basins. The Company now holds a diversified portfolio of majority or 100% interests in several prospective oil & gas exploration assets. Simba has recently completed and is awaiting final results of the passive seismic survey carried out at its Block 2A in Kenya, where it currently holds a 100% interest, and is actively pursuing formal farm-in discussions with a number of interested parties.

Additionally the Company holds a 60% interest in Blocks 1 & 2, onshore Republic of Guinea with current efforts to finalize the first work program with the energy ministry now underway. The Company is also the successful applicant for Block 3 in Mali and has applications pending for onshore blocks in Liberia and Ghana.

We seek safe harbor.

ON BEHALF OF THE BOARD
“Robert Dinning”, President & CEO.

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;

In the UK, Jonathan Charles, jcharles@lionsgatecomms.com , + 44 (0)779 189 2509.