Research Bulletin on Simba Energy Inc. (TSXV: SMB): Simba Marches Forward in Africa, Secures Three New Oil Blocks in Chad


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TSX.V:SMB
09/26/2012 [ACCESSWIRE]

TORONTO, Canada: Ubika Research has issued a new research bulletin on the recent announcement by Simba Energy Inc. (TSXV: SMB) on the deal it signed with Republic of Chad to secure production sharing contracts on three prospective oil and gas concessions.

To download the research bulletin please visit: https://d1ky22hjsenqhd.cloudfront.net/assets/7cabdc22-c980-4d9a-8676-95faa93e1396/original_SimbaEnergy-Bulletin-Sept2612.pdf

Simba Energy Inc. (TSX VENTURE: SMB) (CVE: SMB) (OTCQX: SMBZF) is an oil & gas exploration company focused on overlooked and under explored basins in Africa. Simba holds Production Sharing Contracts in Kenya and the Republic of Guinea. It just announced an agreement to secure a production sharing contract in the Republic of Chad. Simba also has a Hydrocarbon Reconnaissance License in Liberia and is in advanced negotiations for Production Sharing Agreements in Mali and Ghana.

To view research reports, analyst commentary and the CEO video interview for Simba Energy Inc. (TSX VENTURE: SMB)(CVE: SMB)(OTCQX: SMBZF) please visit:  http://www.smallcappower.com/companies/products/simba-energy-inc 

About Ubika Research

Ubika is an investment research and capital market services firm based in Toronto and Vancouver with a proven track record of identifying and launching coverage of high potential small cap stocks at an early stage, thus offering timely market insights. Its specialty is small-cap companies with a market capitalization of <$1 billion.

Disclosure

Ubika Research has received compensation from Simba Energy to provide analyst research coverage

Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.

Ubika Research and www.smallcappower.com (are both divisions of Ubika Corporation), and are not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice.  For full disclosure please visit: http://www.smallcappower.com/pages/small-cap-power-disclosure


For additional information contact:
Vikas Ranjan, Managing Director
Email: vikas@ubikacorp.com
Phone: (647) 352-2666

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