Earlier this month, Canadian independent Reconnaissance Power Africa (ReconAfrica) spud the Naingopo-1 expedition well in the Damara Layer Belt in Namibia’s Kavango Container. As ReconAfrica proceeds with onshore expedition initiatives, the firm will certainly take part in African Power Week (AEW): Purchase African Power 2024– arranged for November 4-8 in Cape Community– as a Bronze Enroller, highlighting its dedication to increasing Namibia’s hydrocarbon books.
ReconAfrica is renowned for its expedition tasks in the Kavango Container in Namibia and Botswana, where it is presently targeting numerous oil and gas tanks. In collaboration with the National Oil Firm of Namibia (NAMCOR), the firm has actually spearheaded an ingenious and data-driven method to expedition. Given that 2020, ReconAfrica has actually pierced a number of examination wells supplying useful information on the capacity of the Kavango Container. Its most current Naingopo-1 well is anticipated to get to a complete deepness of around 3,800 m within 90 days and will certainly be vital to developing prospectivity of the container.
AEW: Purchase African Power stands as the premier system for job drivers, sponsors, modern technology carriers, and federal governments, identified as the clear-cut place for securing handle African power. To find out more regarding this crucial occasion, go to www.AECWeek.com.
ReconAfrica and NAMCOR have actually determined 5 prospective standard storage tank areas in its preliminary wells in the Kavango Container, with over 650 feet of internet storage tank verified. These wells have actually revealed considerable hydrocarbon visibility, recommending the capacity for considerable explorations in the area. The firm has actually additionally finished about 30% of a 450-km seismic area purchase program, which gets on timetable and anticipated to lead future boring places.
Engagement at AEW: Purchase African Power 2024 gives a calculated chance for ReconAfrica to get in touch with crucial stakeholders, check out brand-new collaborations and possibly farm-in to encouraging onshore tasks throughout Africa. Nations like Angola– readied to introduce a frontier licensing round in early-2025– use underexplored leads paired with well-known manufacturing facilities. Angola’s onshore expedition prospective consists of the Lower Congo and Kwanza containers, which have actually revealed encouraging geological frameworks comparable to those located in overseas areas, making them appealing for additional expedition and growth.
In a similar way, nations like Mozambique, Uganda and Tanzania are opening up brand-new expedition frontiers, providing appealing farm-in chances for independents like ReconAfrica. The oil books in Uganda’s section of the Lake Albert Container, specifically in the Albertine Graben, are approximated at around 6.5 billion barrels, suggesting encouraging leads within the onshore area.
” ReconAfrica’s expedition initiatives in the Kavango Container verify its dedication to finding and creating brand-new power sources in Africa’s frontier markets, specifically concentrating on untapped onshore capacity to open considerable oil and gas sources. The firm’s initiatives additionally line up with wider efforts to improve local power safety and security and boost financial development with lasting source growth,” states NJ Ayuk, Exec Chairman of the African Power Chamber.
Returning for this year’s version of AEW: Purchase African Power, ReconAfrica will certainly add its technological competence and most current job updates to industry-led conversations and discussions. By involving with Africa’s leading power market stakeholders, ReconAfrica intends to sustain the continent’s trip in the direction of power freedom and lasting growth.
Dispersed by APO Team in behalf of African Power Chamber.