Pan-African Portfolio Exploration license agreements in: Kenya, Block 2A (100% Interest) Guinea, Blocks 1 & 2 (currently at 60% interest in PSA, going to 100%) PSCs in Liberia, Ghana and Chad pending ratification HIGHLIGHTS:…
Simbas Key Strengths Large onshore acreage A diversified onshore portfolio comprising high impact positions in African frontier basins early stage O&G assets in Africa Proven nimble & low cost acquirer of O&G assets with enviable…
Kenya: Regional Activity & Highlights Recent Discoveries & Developments: 2012, Ngamia & Twiga South discoveries in Turkana region of NW Kenya Twiga South, Lokichar basin, flow tested at +2,800 BOPD Sala-1, Anza basin, Q2-14…
Block 2A, Kenya: Regional Basins Block 2A comprises portions of two very prospective basins, each with proven petroleum systems The Mandera basin: The Tarbaj the oil seep (just north of Block 2As northern boundary) has confirmed…
Block 2A Passive Seismic Survey (2012) Simba was first to use IPDS passive seismic techonology in Kenya. Five high ranking target areas identified. 7
Block 2A - High Resolution Gravity Gradiometry M1 & M3 are confirmed prospects with Billion+ Barrel Potential 8
Block 2A: FTG Results, Mandera Basin NOTE: Basement signals are removed as part of this Terrain Corrected Residual Gravity signature. M1 & M3 Prospects 4 way closure clearly correlated by earlier 2D seismic, passive seismic and…
Block 2A: FTG Results, Anza Basin A4 / A5 Closure by FTG Terrain Corrected Residual Fault zone series of down to basin Gravity Signature blocks (Ngamia Type) Areal extent: 55 km2 Depth: Pending seismic Acquisition of 2D seismic in…
Kenya: Badada Prospect, Block 2B (Taipan slide) Block 2A Located on the margins of the Anza basin, the pearl nature of the Badada prospect demonstrated by seismic as very similar to Ngamia-1 Discovery in Kenyas Block 13T…
Block 2A: Next Steps Acquire 300 to 400 kms of 2D seismic in Mandera & Anza basins in order to: Determine drilling locations at M1, M3, and possibly A1 Confirm depths and volume estimates for above and other secondary targets…
Guinea: Blocks 1 & 2 First mover advantage in an underexplored high impact onshore basin Blocks 1 & 2 comprise an enviable 12,000km2 of the Bove Basin Silurian shales, source rock in all North African basins, are present Confirmed…
Guinea Blocks 1 & 2 - Geochemical Survey 1,550 samples collected at 500 meter spacing across 29 traverses. Testing by Actlabs identified and ranked six anomalous target areas (yellow circles) using Soil Gas Hydrocarbon analysis (SGH).…
Guinea Blocks 1 & 2 Seep Explosion Guessore District De Souka (10.983474N 13.916766W) This is the location of an explosive blow out and fire several years ago. The force was strong enough to actually create the crevice shown in above…
Guinea: Next Steps Company in advanced discussions to finalize an increased interest in Blocks 1 & 2 (from 60% to 100%) Once finalized, Company plans to carry out FTG w/ Bell Geospace designed to provide extensive coverage…
Liberia - Exploration License NR-001 Prompted by the Jubilee field 2009: Granted 1st onshore license to discovery offshore Ghana (2007), in be issued by Liberian Government 2009 Anadarko begins to discover significant pay zones within…
Liberia Roberts Bassa Basin Onshore Boundary Roberts-Bassa basin comes onshore in area indicated by orange, approx. 400 kms. See also Section Schematic on next slide. Area of Seep Survey Area indicated in (yellow). Whole area declared…
Liberia Section A - B Seismic Schematic The Roberts-Bassa basin formed as a failed rift and has onshore and coastal seeps confirmed from mature source. These characteristics in a near shore depositional environment rank as having…
Liberia - Seep Survey, Q1-10 Left: Typical seep, onshore Above: Tour to visit mangrove seeps Below: Mangrove seeps / slicks (sunset) Significant seeps observed within coastal mangrove areas of concession. 20
Chad Erdis Block III, Chari Sud Blocks I & II Erdis Block III (15,700 kms) Significant current production already exists in basin Substantial potential remains underexplored Chari Sud Blocks (6,400 kms) Southern 50% of Chari Sud Block…
Chad: Attractive Acreage in Central Rift System Outline of West Central African Rift Systems (WCARS) Doba and Doseo basins over Simbas southern Chad licences (blue shading) Basins and West African Shear Zone (WASZ) passes…
Chad: Offsetting Blocks Supporting Potential Key features indicate additional exploration is expected to be positive Top section of Block I north of the WASZ Fault in same Existing gravity analysis over Doba/Doseo basins basin and…
CHAD - ERDIS III Previous interpretations of source rock presence required migration from the Kufra basin of Libya. 24
CHAD - ERDIS III Depo Centers Regional Gravity zoomed in to Depo centers Simbas Erdis Block III is located over a recently identified Depo center which reaches 6,000 m. This type of feature is typified by a very strong sediment influx…
Investment Highlights Simba provides shareholders exposure to a very cost effective and high value exploration upside portfolio A large acreage asset base comprising numerous leads and prospects that are close proximity to active…
Experienced Management Team and Board Executive Team and Senior Management Board Yrs Exp Yrs Exp Robert Dinning President & CEO; 40+ John King Burns Chairman 35+ Director Barclays Metals Group, Potomac Asset Director , President &…
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