document: As of October 2019, it is understood that Reconnaissance Energy Africa Ltd. (ReconAfrica) via its subsidiary Reconnaissance Energy Namibia (Pty) Ltd is looking to farm out a stake in PEL 073 (Blocks 1719, 1720, 1721, 1819, 1820 and 1821). The 25,000 sq km licence straddles the Okavango and Owambo basins.  The company plans to spud its first well within the acreage before 29 January 2020 targeting the Permian aged shales (Prince Albert or equivalent). In addition, the company will test conventional potential. The well is understood to farm part of the commitments for the first exploration period.  For additional information contact:  Jay Park  Email: Jay.Park@ReconAfrica.com  Reconnaissance Energy Africa Ltd.  Berkeley Square House, Berkeley Square  London UK W1J 6BD  Exploration drilling within the Owambo to date:  Five wells have been drilled all located between 300 km and 500 km to the west of ReconAfrica's acreage and all P&A dry. There is one questionable exception, the deepest well drilled within the basin - 5 1A - bottomed in the Tsumeb Subgroup. After reaching a total depth of 2,509 m, the well was shut-in, waiting for a bigger rig to deepen the well. Months later, the decision was made to abandon rather than deepen the well. Before plunging the well, another water sample was collected. This sample included hydrocarbons. It was assumed that it was diesel as diesel had been added to the mud system while drilling. Samples of this oil were analyzed in several laboratories and its origin was questionable. That said Circle Oil, which held exploration rights in the area during 2003-2006, reported an open hole DST in the well from 2,072 to 2,056 m, presumably in the Tsumeb Subgroup limestones of the Otavi Group flowed 1,680 bw/d (salt water & mud), and oil shows with a density of 29.5 deg API. Geochemical analyses relate this to the Proterozoic and generated from a marine source rock.   Background information   ReconAfrica was awarded an exploration covering the area in early 2015. The first exploration period is understood to end on 29 January 2019.
summary: Namibia, not found