Establishing a Working Petroleum System in the Kavango Frontier, Onshore Namibia
ReconAfrica, the Canadian listed firm, has seen its market value surpass C$1bn recently, with initial results from its first stratigraphic well onshore the Kavango Basin in Licence PEL 73 in north-east Namibia. The 6-2 well, first of three, targeted Karoo Group and equivalent formations in the Prince Albert, Whitehill and Collingham Groups, and the Lower Ecca Group. High resolution aeromagnetic data over the licence is interpreted as showing a deep basin with optimal conditions for preserving a thick interval of organic-rich marine shales. With drilling, coring and logging operations now complete on this first well, clear evidence of a working conventional petroleum system has been shown with intervals penetrating highly porous, permeable sediments and marine source rocks, and an extensive marine carbonate lithofacies. Mud gas results indicate a high BTU gas with the presence of light oil in numerous cutting samples. Overall, the operator reported over 200m of oil shows within three intervals. The rig is now being mobilised to the 6-1 location, 16 km north of 6-2 drill site.