Simba Essel Energy Inc. acquires, explores, and develops oil and gas properties in Africa. It owns interests in the production sharing contract for Block 2A that covers an area of 7,802 square kilometers located in Mandera Basin, Northeast Kenya; Blocks 1 and 2 comprising 12,000 square kilometers located onshore in Bove basin, Guinea; hydrocarbon reconnaissance license, which covers an area of approximately 1,366 square kilometers located in onshore area in Liberia; and three oil and gas blocks in the Doba, Doseo, and Erdis basins, Chad. The company was formerly known as Simba Energy Inc. and changed its name to Simba Essel Energy Inc. in April 2017. Simba Essel Energy Inc. was incorporated in 2010 and is headquartered in Vancouver, Canada.
Canadian Market Performance
7D7 Days: 0.4%
3M3 Months: 8.1%
1Y1 Year: 23.0%
YTDYear to Date: 10.4%
The Materials sector gained 6.0% while the market remained flat over the last week. As for the longer term, the market has risen 23% in the past 12 months. Looking forward, earnings are forecast to grow by 12% annually. Market details ›
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.