ReconAfrica begins Namibia exploration campaign

Reconnaissance Energy Africa (ReconAfrica) has begun site preparation at two drilling locations in the Kavango sedimentary basin in northeast Namibia and plans to drill its first well in this year’s fourth quarter.

The main objectives of the wells are to confirm organic rich shales and conventional opportunities. Estimates for shales only is 12 billion bbl OOIP and 119 tcf OGIP.

Recoverability is yet to be determined.

A three-well drilling campaign in exploration licence 73 was planned for the year’s second half but was delayed due to restrictions around COVID-19.

International travel and admission of foreign nationals remain restricted in Namibia, but the Namibian government guidance is that further easing of restrictions could come as soon as the 1^st June.

ReconAfrica owns 90% interest in the licence. State-owned NAMCOR holds 10%.

Source: Oil & Gas Journal