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Simba Energy Boosts Its Technical Team

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 Pétrole) 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.”

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