{"id":14785,"date":"2025-03-26T08:10:46","date_gmt":"2025-03-26T08:10:46","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=14785"},"modified":"2025-03-26T08:10:48","modified_gmt":"2025-03-26T08:10:48","slug":"namibia-reconafrica-announces-the-acceleration-of-drilling-into-q2-2025","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconafrica-announces-the-acceleration-of-drilling-into-q2-2025\/","title":{"rendered":"NAMIBIA: ReconAfrica Announces\u00a0 the\u00a0 Acceleration of Drilling into Q2 2025"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">ReconAfrica reports it continues to pursue activities relating to the drilling of Prospect I. To date, initial surveying activity has been completed, with debushing activities ongoing and demining activities set to be undertaken in the coming weeks. As a result of the progress to date, the Company says it has accelerated the spud date for Prospect I to Q2 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Prospect I is targeting 365 million barrels of unrisked and 32 million barrels of risked prospective light\/medium oil resources, or 1.9\u00a0trillion cubic feet of unrisked and 140\u00a0billion cubic feet of risked prospective natural gas resources, on a 100% working interest basis, based on the most recent prospective resources report prepared by Netherland, Sewell, &amp; Associates, Inc.\u00a0(NSAI),\u00a0an independent\u00a0qualified\u00a0reserves evaluator.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Brian Reinsborough&nbsp;, President and CEO commented:&nbsp;<\/em><\/strong>&#8220;We have made great progress in getting Prospect I ready to drill&nbsp;and&nbsp;, as a result, we are accelerating the spud date into Q2 2025. Our in-country teams have commenced community engagement, surveying, debushing and demining activities, which will be followed by construction of a 10 kilometre road and drill pad site.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;Prospect I is one of the largest mapped structures in the Damara Fold Belt, is well imaged from 2D seismic, and demonstrates a four-way dip closure in which we expect to penetrate over 1,500 metres of Otavi reservoir. Drilling at the Prospect I location has been significantly derisked by the results of our first Damara Fold Belt well, Naingopo, which encountered reservoir in the Otavi carbonates, hydrocarbon shows and oil to surface. We are excited to drill this follow-on exploration well as we continue to look to unlock the significant hydrocarbon potential of the Damara Fold Belt.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ReconAfrica reports it continues to pursue activities relating to the drilling of Prospect I. To date, initial surveying activity has been completed, with debushing activities ongoing and demining activities set &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconafrica-announces-the-acceleration-of-drilling-into-q2-2025\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":10596,"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":[1],"tags":[10801,11868,1675,7589,11870],"class_list":["post-14785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-damara-fold-belt","tag-naingopo","tag-namibia","tag-reconafrica","tag-reconnaissance-energy-africa-ltd-2","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3Qt","jetpack-related-posts":[{"id":14851,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconnaissance-energy-africa-provides-drilling-update-on-prospect-i\/","url_meta":{"origin":14785,"position":0},"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 &quot;Countries&quot;","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":14388,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconafrica-spuds-the-naingopo-exploration-well-on-pel-73\/","url_meta":{"origin":14785,"position":1},"title":"NAMIBIA: ReconAfrica Spuds the Naingopo exploration well on PEL 73","author":"","date":"July 8, 2024","format":false,"excerpt":"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. Naingopo Exploration Well Schematic (CNW Group\/Reconnaissance Energy Africa\u2026","rel":"","context":"In &quot;Countries&quot;","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":13751,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-independent-3rd-party-natural-gas-resource-report-for-the-damara-fold-belt-kavango-basin-indicates-significant-upgrade-in-prospective-resources-to-22-4tcf\/","url_meta":{"origin":14785,"position":2},"title":"NAMIBIA: Independent 3rd Party Natural Gas Resource Report for the Damara Fold Belt, Kavango Basin Indicates Significant Upgrade in Prospective Resources\u00a0to 22.4TCF","author":"","date":"June 28, 2023","format":false,"excerpt":"Reconnaissance Energy Africa\u00a0has announced an updated prospective resource estimate supported by a\u00a0Prospective Resource Report\u00a0(dated June 22, 2023 with an effective date of March 31, 2023) focused solely on the new\u00a0Damara Fold Belt gas play\u00a0located within the Company\u2019s\u00a0Petroleum Exploration Licence ('PEL 73')\u00a0in the Kavango Basin, NE Namibia in which the Company\u2026","rel":"","context":"In &quot;Countries&quot;","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\/06\/Namibia-Damara-Fold.jpg?fit=750%2C418&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/06\/Namibia-Damara-Fold.jpg?fit=750%2C418&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/06\/Namibia-Damara-Fold.jpg?fit=750%2C418&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/06\/Namibia-Damara-Fold.jpg?fit=750%2C418&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":14372,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconafrica-announces-upcoming-spud-of-the-naingopo-exploration-well-pel-73\/","url_meta":{"origin":14785,"position":3},"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 &quot;Countries&quot;","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":14262,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconafrica-announces-an-updated-independent-third-party-resource-report-for-the-damara-fold-belt\/","url_meta":{"origin":14785,"position":4},"title":"NAMIBIA: Reconafrica Announces an Updated Independent Third-Party Resource Report For The Damara Fold Belt","author":"","date":"March 17, 2024","format":false,"excerpt":"REPORT HIGHLIGHTS(1) Gross to the Company unrisked, prospective oil in place in identified prospects of 15.4billion barrels Gross to the Company unrisked, prospective oil resources in identified prospects of 3.1billion barrels Brian Reinsborough, President and CEO commented: \u201cSince assuming the role of CEO in Augustof last year, I have assembled\u2026","rel":"","context":"In &quot;Countries&quot;","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\/03\/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\/2024\/03\/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\/2024\/03\/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\/2024\/03\/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\/2024\/03\/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":14785,"position":5},"title":"NAMIBIA: Naingopo Exploration Well Proceeding as per Plan &#8211; 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 &quot;Countries&quot;","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\/14785","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=14785"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14785\/revisions"}],"predecessor-version":[{"id":14786,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14785\/revisions\/14786"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/10596"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=14785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=14785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=14785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}