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Simba Energy performs airborne survey over Kenya plays

30th May 2014

Simba Energy commenced its airborne FTG survey (Full Tensor Gradiometry) with daily flights about 10 days ago and it is expected to be completed in the next 7-10 days

Simba performing airborne surveys over Kenya plays
Resulting data from this FTG survey will serve to provide better targeting and more cost-effective 2-D seismic acquisition planned for later in the year, preparatory to final drilling decisions

The program has been expanded somewhat to cover a new and significant target area identified by preliminary FTG results received to date. The aircraft initially covered the secondary smaller survey area (850 square kilometres) at the southwest boundary of Block 2A in order to investigate the area within the Anza basin.

Considered with the known geology and modelling of the Anza basin in this area, the preliminary data from these FTG results indicate the existence of two basinal structures within the basin’s margin:

  • A new large basinal structure identified with an area of around 100 square kilometres in the south-western most extents of Simba’s concession.
  • A second basinal structure of around 40 square kilometres lying about 15kilometres to the southeast appears coincident with the northern extents of the Badada prospect in Block 2B

The FTG survey coverage will be expanded by around 100 square kilometres to the northeast of the new target area in order to provide full gradiometry coverage through to the known extents of the Anza basin’s margins controlled by Simba.

Simba’s larger and primary survey area in Block 2A provides coverage over the Mandera basin. This area is now in the final stages of data acquisition, with total survey completion expected within a week’s time. Final Results and reporting are anticipated to be available within 3–4 weeks once all data acquisition is complete.

Resulting data from this FTG survey will serve to provide better targeting and more cost-effective 2-D seismic acquisition planned for later in the year, preparatory to final drilling decisions.

“Simba has had discussions with a number of companies expressing interest in farming directly in to Block 2A to undertake a 2D seismic programme with a drilling commitment, based on these FTG results currently being generated.” stated Robert Dinning, Simba president and CEO.

Block 2A’s concession area overlies the southern extents of both the Anza basin, one of the largest Tertiary-age rift basins in the East African rift system and with a geological setting similar to the South Lokichar basin where Africa Oil and Tullow have recently had significant discoveries; as well as the Mandera basin where the Tarbaj-1 well and nearby oil seeps in the south of Block 1 have already confirmed the presence of a petroleum system within Upper Triassic and Jurassic formations.

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