Drilling Progress at Kavango West 1X Well
CALGARY, Alberta — Reconnaissance Energy Africa Ltd. (the Company or ReconAfrica) has recently shared an exciting update about its Kavango West 1X exploration well. The well is currently at a remarkable depth of 4,158 meters, now surpassing its original target depth of 3,800 meters due to promising signs of hydrocarbons encountered during drilling.
CEO's Insights on the Drilling Activity
Brian Reinsborough, President & CEO of ReconAfrica, expressed gratitude towards the dedicated teams involved with the drilling operations. He indicated that the drilling process has been executed with exceptional safety and efficiency. Results so far show the presence of hydrocarbons evidenced by numerous oil and gas shows, along with consistently strong natural gas indicators on the mud logs throughout the Otavi reservoir package. To further investigate the hydrocarbon indications, ReconAfrica is set to conduct a thorough wireline test program, which includes fluid sampling and pressure measurements once the well reaches its planned target depth.
Operations Update and Future Plans
The current operations began as planned on July 31 and progressed exceptionally well, hitting the initial total depth of 3,800 meters ahead of schedule. After reaching a depth of 4,158 meters on November 7, the company obtained permission to drill even deeper, up to approximately 4,200 meters. However, drilling operations encountered a setback due to a drive shaft failure. Fortunately, necessary equipment for repairs is en route to the site, and remediation work is anticipated to be completed shortly.
Significance of Hydrocarbon Indicators
ReconAfrica's exploration at the Kavango West prospect, part of the broader Damara Fold Belt play, is significant. Indicates of hydrocarbons witnessed to date have generated excitement, with the anticipation of wireline logging and fluid sampling results expected before the end of the year. The well has shown multiple oil traces along with strong natural gas markers, indicating positive hydrocarbon potential.
About ReconAfrica's Operations
ReconAfrica is actively engaged in exploring the intriguing landscapes of the Damara Fold Belt and Kavango Rift Basin, located within the Kalahari Desert in northeastern Africa. The Company holds petroleum licenses granting access to approximately 13 million contiguous acres, underscoring its commitment to environmentally responsible oil and gas exploration. Alongside its operations in Namibia, ReconAfrica also manages the Ngulu block offshore Gabon, adhering to best practices for minimizing ecological disturbances.
Commitment to Environmental Standards
The Company prides itself on its dedication to environmental stewardship and encourages sustainable practices throughout all facets of its operations. Ensuring minimal impact on local habitats aligns with International standards and highlights ReconAfrica’s commitment to responsible energy production.
Frequently Asked Questions
What is the current status of the Kavango West 1X well?
The Kavango West 1X well is currently at a depth of 4,158 meters, having exceeded its initially planned depth.
What indications of hydrocarbons have been found?
Numerous oil and gas shows have been observed, along with strong natural gas markers throughout the Otavi reservoir package.
When can we expect to hear the results from wireline testing?
The results from wireline logging and fluid sampling tests are anticipated to be disclosed before the end of the year.
What challenges have been encountered during drilling?
A drive shaft failure caused a temporary halt in operations, although repair equipment is being shipped to the site.
What is ReconAfrica's commitment to environmental practices?
ReconAfrica is committed to minimizing environmental habitat disturbance, adhering to international standards and best practices in all its project areas.
