The hydrocarbon reconnaissance permit is a new instrument adapted by Liberia’s Ministry of Lands, Mines & Energy from the Mining Code.
Simba’s technical team will head to Monrovia this month to propose a 300 line kilometre 2D seismic survey targeting acreage just south of Robertsfield international airport, according to the company’s chief executive Hassan Hassan.
“If the terms are good, we can proceed to secure a production sharing agreement under the Petroleum Code and put out a tender almost immediately,” he said.
“Once
