ReconAfrica’s 8-2 probe in onshore Kavango basin is first of four wells set to be drilled in virgin area
Canada-based junior Recon Africa is hours away from spudding its debut wildcat onshore Namibia, targeting a prospect that could hold 800 million barrels of oil in place and what is the first of a four-well exploration campaign in this frontier region.
The Toronto and Frankfurt-listed player operates a swathe of acreage in northeast Namibia over which it has acquired reams of 2D seismic data in the past few years and in which it has also drilled a couple of stratigraphic wells.
As a result of all these operations, ReconAfrica — working with its state-owned partner Namcor — identified a new basin called Kavango, which it believes is a prospective for hydrocarbons.
The company said yesterday that the 8-2 probe was likely to spud on 24 or 25 June, with the drilling rig ReconAfrica’s Jarvie-1 on location
The well is to be drilled to a planned depth of 2800 metres and is designed to test potential conventional oil and natural gas reservoirs in sandstone, part of the company’s primary Karoo Rift Fill play.
The well will also be drilled deeper into the Pre-Karoo Mulden and Otavi formations, the same intervals in which ReconAfrica’s 6-2 stratigraphic well — located 6.5 kilometres to the east — intercepted oil and gas shows