Oil and gas company ReconAfrica has successfully completed drilling operations at the Naingopo exploration well in PEL 073, onshore Namibia.
Reaching a total depth of 4,148m, the well is the first of several to test the potential resource of the Damara Fold Belt.
The company will now commence an evaluation program on the exploration well, which will include comprehensive wireline logging and coring to test the presence of hydrocarbons. Results from the program, which are expected in the coming weeks, will be provided following an analysis of subsurface data and any obtained oil or gas samples.
At Naingopo, ReconAfrica is targeting 181 million unrisked barrels of oil and 937 billion unrisked cubic feet of natural gas.
After reviewing the results, ReconAfrica aims to move to the Kambundu (Prospect P) well in PEL 073 where the company will target 309 million unrisked barrels of oil and 1.6 trillion unrisked cubic feet of natural gas.
Once the two wells are drilled, ReconAfrica plans a 3D seismic survey of the Kavango Rift basin in Q2 2025. The survey is expected to result in two additional exploration wells.
Covering an area of approximately 25,341km2, PEL 073 is operated by ReconAfrica, which holds a 70% share, along with partners BW Energy (20%) and Namibia’s state-owned NAMCOR (10%).
