Simba Energy finds more signs of oil in Guinea

Oil rig AfricaSimba Energy's last visit to the Republic of Guinea's Bove Basin confirmed a number of known seep areas within Block 2. (Image source: suwatpo)Pan-African oil and gas company, Simba Energy, has found three more significant seeps during the first stage of its exploration work on Blocks One and Two in the Republic of Guinea’s Bove Basin

The global oil and gas exploration company will initially operate on Block 1 and the northern part of Block 2 in the Republic of Guinea.

“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,” stated director and CTO for Simba, James Dick.

“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,” he added.

The company plans to carry out a geochemical survey to collect 2,000 samples within Block 1, with crews being recruited for the project within the next month.

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