Simba Energy estimates 437 million barrels of oil at Wajir block

Oil exploration in northern Kenya. FILE PHOTO | NMG

Canadian firm Simba Energy plans to drill its first exploratory oil well in Wajir, northern Kenya, next year with the preliminary evaluation putting the potential at over 400 million barrels.

The Toronto Stock Exchange (TSE)-listed exploration firm Tuesday said its consultant, Sproule International, had completed an assessment report of block 2A, identifying 29 leads ahead of exploration drilling.

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