CHAMWE KAIRA
Reconnaissance Energy Africa Ltd has announced a drilling update on Prospect I. IProspect I is located onshore in Kavango in Petroleum Exploration Licence 073 (PEL73) and is the company’s largest prospect to be drilled so far.
The company is targeting an estimated 365 million barrels of unrisked and 32 million barrels of risked prospective light to medium oil resources.
For natural gas, the estimate stands at 1.9 trillion cubic feet unrisked and 140 billion cubic feet risked, based on an independent prospective resources report by Netherland, Sewell & Associates, Inc.
ReconAfrica President and CEO Brian Reinsborough said the company is making solid progress as it prepares to drill.
“We are excited to be making great progress ahead of drilling one of the company’s largest and most attractive prospects. The results of the Naingopo exploration well announced in January 2025 increased our confidence in the potential for Prospect I. We remain on track to spud the well this quarter and are looking forward to unlocking the significant potential of the Damara Fold Belt,” he said.
The company said pre-construction activities are continuing on schedule and the pre-drill evaluation is complete.
The drilling schematic demonstrates that the company is targeting a drilling depth of 3 800 metres with the potential to drill deeper, as it did for the Naingopo exploration well.
“The thickness of the Otavi section is expected to be approximately 1,500 metres to 1,800 metres depending on how deep we are able to drill. The learnings from the Naingopo exploration well have improved our understanding of the Damara Fold Belt with respect to our geologic model, including time and depth migration for the Mulden and Otavi sections. This is the same reservoir where we encountered over 50 metres of reservoir-quality carbonates and encountered oil shows in the Naingopo well,” the company said.
ReconAfrica is a Canadian oil and gas company engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana, where the company holds petroleum licences comprising eight million contiguous acres.
