ReconAfrica Spuds High-Stakes Kavango Well in Namibian Drilling Campaign
Reconnaissance Energy Africa has officially commenced drilling at the Kavango well as of July 31st, following encouraging geological results from the Naingopo well that prompted the company to shift its rig schedule and prioritize the Kavango West location.
CEO Brian Reinsborough described the project as potentially transformative for the company, the Namibia region, and its partners. The geological structure spans nearly 20 kilometers in length and 5 kilometers in width, representing one of the most significant onshore prospects in the area.
According to external auditors, the Kavango prospect holds unrisked resource potential of 340 million barrels of oil equivalent, with 30 million barrels on a risked basis. The scale compares favorably to deepwater targets while benefiting from lower-cost onshore operations that could accelerate time to first production.
Drilling operations are expected to require approximately 105 days, with results anticipated by year-end. The company is also evaluating future appraisal work on the eastern side of the structure, contingent on initial drilling outcomes.
Plans for Namibia’s first onshore 3D seismic survey have been postponed to 2026 due to current focus on active drilling operations. The delay allows ReconAfrica to concentrate resources on the immediate drilling campaign while maintaining flexibility for expanded seismic work once initial results are available.
Source: proactiveinvestors.com.au