Funding moves ReconAfrica Namibia drilling campaign forward

Reconnaissance Energy Africa Ltd. (ReconAfrica) will begin the first drilling and seismic program in Kavango basin in northeastern Namibia—one of the world’s last remaining undeveloped deep sedimentary basins (OGJ Online, May 27, 2020). Progress comes following a recent round of funding of $23 million (Can.) to initiate and complete a three-well drilling program in the most opportune parts of the basin, with the initial goal of establishing an active Permian aged petroleum system, it said Aug. 26.

The campaign will use the 1000 HP Crown drilling rig (Jarvie-1), purchased in first-quarter 2020, which is undergoing refurbishment by Henderson Rigs in Houston. The rig is being upgraded with additional safety systems, a 250-ton top drive, and a 3rd mud pump for deeper and faster drilling. Delayed by COVID-19-related shutdowns, work has resumed and is on track to complete refurbishment by October. Subsequently, the rig and all ancillary equipment will be shipped from the Port of Houston, Texas to the Port of Walvis Bay, Namibia and then on to the first of three drilling locations.

The company has completed well designs and tendered the drilling service program in full. All bids have been received and are under evaluation. Contract awards are targeted for mid-September. First spud for well 6-2 is scheduled for early December but may be delayed several weeks due to COVID-19-related logistical and supply chain delays.

ReconAfrica owns 90% interest in the license. State-owned NAMCOR holds 10%.