Petroleum Africa
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Thursday, January 30, 2014
Frontier Resources reported that its survey results from its blocks in Namibia are very encouraging. The company’s blocks 1717 and 1817, located in the Owambo Basin in northern Namibia, cover an area of approximately 18,933 sq km.
Frontier is operator with a 90% working interest while Namcor has a 10% carried interest in the license.
The company recently completed a soil gas survey consisting of 903 sites on an approximate one km spacing along roads and tracks within the blocks. The purpose of the survey was to determine if a hydrocarbon generating source rock is present in the area and, if so, whether it has generated oil or gas.
The samples were shipped from Namibia to Houston and analyzed at the specialized laboratory of Exploration Technologies Inc. Results show the presence of anomalous, above background levels of methane, ethane, propane and butane gases which, by both their magnitudes and ratios, confirm the existence of one or more oil generating source rocks within the license area.
Frontier said that based upon the results of this initial survey and the fact that the samples were acquired only along widely spaced roads and tracks, it plans to extend the license period so that additional sampling may take place during 2014.
This new soil gas data will be used to further assist in delineating potential oil-prone areas that will be high-graded for 2D seismic acquisition and the integration of pertinent geologic data.
Chief executive Jack Keyes said: “The results of this survey confirming the presence of oil generating source rocks are very encouraging as we initially considered the area to have a high probability of being only gas prone. We look forward to executing the next phase of our exploration activity with the acquisition of additional soil gas samples.”
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