“We think that the Kavango West 1X prospect represents our best opportunity in the Damara Fold Belt to unlock the potential of this play, and we look forward to reporting results, expected before year-end 2025,” said ReconAfrica president and CEO Brian Reinsborough.
“Prospect I is one of the largest mapped structures in the Damara Fold Belt, is well imaged from 2D seismic, and demonstrates a four-way dip closure in which we expect to penetrate over 1,500 meters of Otavi reservoir. Drilling at the Prospect I location has been significantly derisked by the results of our first Damara Fold Belt well, Naingopo, which encountered reservoir in the Otavi carbonates, hydrocarbon shows and oil to surface. We are excited to drill this follow-on exploration well as we continue to look to unlock the significant hydrocarbon potential of the Damara Fold Belt.”
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) is positioning itself for a major breakthrough in Namibia’s burgeoning energy sector, led by an oil and gas veteran.
In July, Canadian independent Reconnaissance Energy Africa (ReconAfrica) spud the Naingopo-1 exploration well in the Damara Fold Belt in Namibia’s Kavango basin.
(WO) – Reconnaissance Energy Africa Ltd. announced an operations update. ReconAfrica continues to pursue activities as it prepares to start a multi-well drilling campaign in 2024.