Simba Energy Inc. ("Simba" or the "Company")(TSXV: SMB, Frankfurt: GDA, OTCQX: SMBZF), is pleased to announce that the Company participated in a stakeholders meeting held on July 2nd in Wajir, the largest community within the Company’s Block 2A concession area, onshore Kenya.
Approximately fifty people were in attendance including local district commissioners and councillors for the three regions comprising Block 2A (Wajir East, Wajir West and Wajir South), with members of the local business community and people from local villages also in attendance. Simba’s management visited the region to formally introduce the Company to the citizens of Wajir and the local districts and to establish a good working relationship as part of its appraisal for Block 2A’s hydrocarbon potential.
Simba’s Managing Director of Operations, Hassan Hassan and other Company officials were graciously welcomed by both dignitaries and citizens in attendance. After the Company’s presentation of its plans for the exploration and potential development on Block 2A the Company heard concerns about both employment opportunities for local citizens as well as any possible detrimental environmental impact from the work to be carried out in the area.
The Company emphasized its universal policy of hiring as many local people as possible and also confirmed that local labour from Wajir and surrounding districts had already been hired for short-term activities. Further commitments were made during the meeting to minimize any environmental impact, work closely with the community on all local matters, while keeping everyone properly informed of the Company’s current and future activities going forward.Simba’s Hassan Hassan said, “It was very gratifying to be welcomed so warmly by the people and local officials in Wajir and surrounding communities. The stakeholders meeting was very important both for us to introduce ourselves but also to listen and understand particular local concerns. We are confident going forward with our activities in a cooperative manner and hope to make a significant contribution as a new member of the community.”
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV