Namibian Ministry of Mines and Energy and Reconnaissance Energy Africa (ReconAfrica), announced the preliminary analysis of the data from the 6-2 well, the first of a three well drilling program, providing a clear evidence of a working conventional petroleum system in the Kavango Basin.
The well sample log of the 6-2 provides over 200 meters (over 660 feet) of oil and natural gas indicators/shows over three discrete intervals in a stacked sequence of reservoir and source rock. Extraction of oil from these samples and subsequent fingerprinting for key characteristics of the liquids, supports an active petroleum system with multiple source intervals.
ReconAfrica s First of Three Wells Confirms a Working Petroleum System in the Kavango Basin, Namibia
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Press Release - MINING COM
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ReconAfrica begins drilling for oil along the west coast of Africa
The company hopes investors see the potential of the area as “the final frontier” in oil.
Imperium Group
ReconAfrica, a junior oil and gas exploration and development company, has begun drilling in the Kavango basin, located along the west coast of Africa. Owning 8.5 million acres within the region, the company has sole access to what one analyst predicts may generate up to 120 billion barrels of oil.
“Given the nature of this basin and the tremendous thickness, this is pretty much a no-brainer… it will be productive and I’m expecting high-quality oil,” said Dan Jarvie, a geochemist with Worldwide Geochemistry, LLC, in a press release.