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Tuesday, November 9, 2021
Reconnaissance Energy Africa (ReconAfrica) and its joint venture partner NAMCOR (the state oil company of Namibia) have provided initial results from the first seismic acquisition program ever conducted in the Kavango Basin, in northeast Namibia.
As reported on October 21, 2021, 450 linear kilometers of seismic data were successfully acquired within budget and on schedule. Third party processing of this data by DownUnder GeoSolutions (America) LLC in Houston, Texas, and Absolute Imaging Inc. in Calgary, Canada, began as each seismic line was acquired, providing a very time efficient and uniquely interactive approach to the processing.
The initial processing results of the seismic acquisition has produced high quality data revealing a variety of structural and stratigraphic features providing for a target rich environment for the upcoming drilling program scheduled for early Q1, 2022.
The results highlight a clear distinction between the Kavango basin, and the Owambo basin to the west, which is in a much simpler tectonic setting.
The company will continue processing the data to maximize image quality, and has begun the interpretation of the data, integrating available stratigraphic well data, with the intention of identifying new well locations by year end.
Immanuel Mulunga, Managing Director of NAMCOR commented, “NAMCOR is excited by the preliminary results of the recently concluded 2D seismic survey in our license area. While we look forward to the processing and interpretation of the entire 2D survey, these initial findings give us extra confidence to choose the optimal drilling locations for the upcoming drilling campaign.”
Dr. Jim Granath stated, “These initial results of the first 2D seismic program prove that our acquisition and processing program provides good quality interpretable data, and that seismic will be a cornerstone of our current and future exploration program. This initial seismic data proves the Company’s basic premise, that the Kavango Basin is clearly a rift basin (geologically different from the Owambo Basin), with similar features to many of the world’s petroleum producing provinces.”
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