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Simba Energy Boosts Its Technical Team

04.03.2013  |  Business Wire

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 P?trole) 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.


Simba Energy Inc.

604-641-4450

info@simbaenergy.ca

www.simbaenergy.ca

or

Mark
Sommer, Toll Free: 1-855-777-4622

or

Financial Public
Relations (UK)

Lionsgate Communications

Jonathan Charles,
+44(0)779-189-2509

jcharles@lionsgatecomms.com



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