{"id":14388,"date":"2024-07-08T17:45:47","date_gmt":"2024-07-08T17:45:47","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=14388"},"modified":"2024-07-08T17:45:47","modified_gmt":"2024-07-08T17:45:47","slug":"namibia-reconafrica-spuds-the-naingopo-exploration-well-on-pel-73","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconafrica-spuds-the-naingopo-exploration-well-on-pel-73\/","title":{"rendered":"NAMIBIA: ReconAfrica Spuds the Naingopo exploration well on PEL 73"},"content":{"rendered":"\n

Reconnaissance Energy Africa and its joint venture partner NAMCOR have announced the spudding of the Naingopo exploration well on Petroleum Exploration Licence 73 (PEL 73), onshore northeast\u00a0Namibia. Additionally, the Company announces a joint venture update as well as a warrant exercise update.<\/p>\n\n\n\n

\"Naingopo<\/a>
Naingopo Exploration Well Schematic (CNW Group\/Reconnaissance Energy Africa Ltd.)<\/figcaption><\/figure>\n\n\n\n

Brian Reinsborough, President and CEO commented<\/em><\/strong>: “Our operations teams spud the well on July 7, 2024. We are extremely excited to be drilling this high impact Damara Fold Belt well that our technical and operations teams have been planning over the past 11 months, since I joined ReconAfrica. The Naingopo well represents the first well in a multi-well exploration drilling campaign on PEL 73. The well is anticipated to reach total depth of 3,800 metres (12,500 feet), and take 90 days to drill. This is a significant play opening well which may unlock a total potential resource of over 3.1 billion barrels of oil or 18 trillion cubic feet of natural gas based on the most recent prospective resource report prepared by Netherland, Sewell & Associates Inc. (“NSAI”), dated March 12, 2024(1)<\/sup>.”<\/p>\n\n\n\n

Chris Sembritzky, Senior VP of Exploration commented:<\/em><\/strong> “The Naingopo exploration well is the first well to test the Damara Fold Belt play. In the event of success, the well would unlock significant oil and natural gas potential from our additional three prospects and 20 leads that have been mapped and defined. The Naingopo well is expected to test multiple reservoir intervals of which four are included in our third party resource report from NSAI.”<\/p>\n\n\n\n

First Damara Fold Belt Well – Naingopo Exploration Well<\/strong><\/p>\n\n\n\n

The Company spud the Naingopo exploration well in the Damara Fold Belt onshore PEL 73 in northeast\u00a0Namibia\u00a0on\u00a0July 7, 2024. The well will be drilled to a planned total depth of approximately 3,800 metres (12,500 feet), and is expected to encounter multiple reservoir intervals targeting both oil and natural gas. The Naingopo well is targeting 163 million barrels of unrisked prospective oil resources or 843 billion cubic feet of unrisked prospective natural gas resources, net to ReconAfrica, based on the most recent prospective resources report prepared by Netherland, Sewell & Associates, Inc. <\/p>\n","protected":false},"excerpt":{"rendered":"

Reconnaissance Energy Africa and its joint venture partner NAMCOR have announced the spudding of the Naingopo exploration well on Petroleum Exploration Licence 73 (PEL 73), onshore northeast\u00a0Namibia. Additionally, the Company … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":14389,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7445,11],"tags":[10801,11590,7913,1675,8312,7589],"class_list":["post-14388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-southern-africa","category-top-news","tag-damara-fold-belt","tag-naingopo-exploration","tag-namcor","tag-namibia","tag-pel-73","tag-reconafrica","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Namibia-Naingopo-1.png?fit=633%2C375&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3K4","jetpack-related-posts":[{"id":14372,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconafrica-announces-upcoming-spud-of-the-naingopo-exploration-well-pel-73\/","url_meta":{"origin":14388,"position":0},"title":"NAMIBIA: ReconAfrica Announces Upcoming Spud of the Naingopo Exploration Well, PEL 73","author":"","date":"June 18, 2024","format":false,"excerpt":"Reconnaissance Energy Africa announces an operations update with respect to activity relating to Petroleum Exploration Licence 73 (PEL 73), onshore northeast Namibia, and an update on the joint venture process. Brian Reinsborough, President and CEO commented: \u201cOur operations teams and contractorsare very busy completing the camp and rig moves this\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/06\/Namibia-Naingopo.png?fit=633%2C375&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/06\/Namibia-Naingopo.png?fit=633%2C375&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/06\/Namibia-Naingopo.png?fit=633%2C375&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":14385,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconafrica-on-course-to-spud-naingopo-exploration-well\/","url_meta":{"origin":14388,"position":1},"title":"NAMIBIA: ReconAfrica on Course to Spud Naingopo Exploration Well","author":"","date":"July 1, 2024","format":false,"excerpt":"Operations Update All camp, rig and equipment moves have been completed with all major equipment now on site of the Naingopo exploration well. Third party service contractor teams are either on site or expected to mobilize to the site in the next week ahead of the expected spud date of\u00a0July\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Namibia-Naingopo.png?fit=633%2C375&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Namibia-Naingopo.png?fit=633%2C375&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Namibia-Naingopo.png?fit=633%2C375&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":14647,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconafrica-completes-strategic-farm-down-with-bw-energy\/","url_meta":{"origin":14388,"position":2},"title":"NAMIBIA: ReconAfrica Completes Strategic Farm Down With BW Energy","author":"","date":"January 29, 2025","format":false,"excerpt":"Reconnaissance Energy Africa announces that, further to its announcements on\u00a0July 16, 2024\u00a0and\u00a0July 30, 2024\u00a0, it has completed the farm down agreement with BW Energy. The sale of a 20% working interest in Petroleum Exploration Licence 73, in northeast\u00a0Namibia, has been approved by the Namibian Ministry of Mines and Energy (MME)\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":14657,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-naingopolog-well-unsuccessful-despite-indications-of-oil-reconafrica\/","url_meta":{"origin":14388,"position":3},"title":"NAMIBIA: Naingopolog Well Unsuccessful Despite Indications of Oil – ReconAfrica","author":"","date":"January 31, 2025","format":false,"excerpt":"Highlights of the Naingopo well: Encountered over\u00a050 metres net reservoir\u00a0in the Otavi Group, derived from log analysis and indications of oil, which will be further confirmed from side wall cores. Indications of oil observed\u00a0from the Damara Fold Belt. Follow-on\u00a0drilling in the Damara Fold Belt is accelerated to drill Prospect I\u00a0ahead\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Namibia-Naingopo-1.png?fit=633%2C375&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Namibia-Naingopo-1.png?fit=633%2C375&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Namibia-Naingopo-1.png?fit=633%2C375&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":14851,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconnaissance-energy-africa-provides-drilling-update-on-prospect-i\/","url_meta":{"origin":14388,"position":4},"title":"NAMIBIA: Reconnaissance Energy Africa Provides Drilling update on Prospect I","author":"","date":"April 11, 2025","format":false,"excerpt":"Reconnaissance Energy Africa Ltd announces a drilling update on Prospect I. DRILLING SCHEMATIC \u2013 PROSPECT I (CNW Group\/Reconnaissance Energy Africa Ltd.) PROSPECT I ATTRIBUTES (CNW Group\/Reconnaissance Energy Africa Ltd.) Prospect I is located onshore\u00a0Namibia\u00a0in Petroleum Exploration Licence 073 (PEL73) and is the Company's largest prospect to be drilled so far.\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Namibia-Kavango-Basin-Map-120321-1200x724-1.png?fit=1200%2C724&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Namibia-Kavango-Basin-Map-120321-1200x724-1.png?fit=1200%2C724&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Namibia-Kavango-Basin-Map-120321-1200x724-1.png?fit=1200%2C724&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Namibia-Kavango-Basin-Map-120321-1200x724-1.png?fit=1200%2C724&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Namibia-Kavango-Basin-Map-120321-1200x724-1.png?fit=1200%2C724&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":14493,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-naingopo-exploration-well-proceeding-as-per-plan-reconafrica\/","url_meta":{"origin":14388,"position":5},"title":"NAMIBIA: Naingopo Exploration Well Proceeding as per Plan – ReconAfrica","author":"","date":"September 2, 2024","format":false,"excerpt":"HIGHLIGHTS Spud the Naingopo exploration well, which is currently drilling at a depth past 2,400 metres or 7,875 feet. All primary objectives are below the current drilling depth. Entered into a definitive farm down agreement with BW Energy Limited (BW Energy), for the sale of a 20% working interest in\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Namibia-Naingopo.png?fit=633%2C375&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Namibia-Naingopo.png?fit=633%2C375&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Namibia-Naingopo.png?fit=633%2C375&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=14388"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14388\/revisions"}],"predecessor-version":[{"id":14390,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14388\/revisions\/14390"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/14389"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=14388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=14388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=14388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}