Reconnaissance Energy Africa (ReconAfrica) has provided an exploration update for the Kavango Basin in NE Namibia and NW Botswana, highlighting multiple drilling prospects and new play types following the integrated analysis of the two stratigraphic test wells and first phase of 2D seismic.
The initial exploration and development is being conducted in the first of five sub-basins within the greater Kavango Basin where the Company holds petroleum rights over the entire sedimentary basin comprising approx. 8.5 million acres.
Scot Evans, Chief Executive Officer of ReconAfrica, commented:
'As we continue to progress the evaluation and exploration of the Kavango Basin, our work to date has increased our confidence that the Kavango Basin is highly prospective for conventional oil and natural gas. Building on the success of our 2021 program, we are now focused on executing our 2022 seismic acquisition and drilling program. As we begin this second phase of operations, I would like to recognize the strong support for this project by the Namibian government and local communities, and to thank all the people within ReconAfrica and its local affiliates for their incredible effort in deepening our understanding of the Kavango Basin, what we believe is one of the largest undeveloped onshore basins in the world.'
Source: Recon Energy
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