ReconAfrica says Kavango drilling is on schedule
Chamwe Kaira
Reconnaissance Energy Africa Ltd says drilling of the Kavango West 1X exploration well remains on schedule and expects to reach total depth by the end of November. The well spudded on 31 July.
Brian Reinsborough, president and chief executive officer, said the operations team in Namibia is making steady progress.
“We anticipate entering the Otavi reservoir, the primary target for the Damara Fold Belt Play, in October and plan to penetrate over 1500 metres of potential reservoir section. We look forward to reporting results of this play opening well to all stakeholders around year-end,” he said.
The well is currently drilling the 8.5-inch section at a depth of about 1910 metres.
The next and final casing string will be set at around 2400 metres before drilling into the Otavi reservoir zone in October.
The plan is to drill about 1 500 metres of the reservoir before reaching a total depth of between 3 800 and 4 250 metres.
ReconAfrica is a Canadian oil and gas company exploring the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia, southeastern Angola and northwestern Botswana.
The company holds petroleum licences and access to 13 million contiguous acres.
It says its work is guided by international standards with minimal disturbance to habitat and adherence to environmental and social best practices.
On the Namibia side of the play, ReconAfrica has mapped 19 prospects and four leads.
The area is estimated to hold 2.6 billion barrels of unrisked prospective light and medium crude oil resources and 157 million barrels of risked prospective resources from the Damara Fold Belt play prospects on PEL 73.
The company recently signed an agreement with the Agency for Petroleum, Gas and Biofuels of Angola (ANPG) for a joint exploration project in the Etosha-Okavango basin in southeastern Angola.
This adds 5.2 million contiguous acres in Angola to the 6.3 million acres already held in Namibia, strengthening ReconAfrica’s position in the Damara Fold Belt and Rift Basin exploration plays.
Caption
Reconnaissance Energy Africa is exploring for oil in the Damara Fold Belt and Kavango Rift Basin.
* Photo: ReconAfrica
