Page 17 - AfrOil Week 35

AfrOil NEWS IN BRIEF AfrOil

UPSTREAM with contract awards targeted for the middle of Kavango sedimentary basin, an area of approxi-
September 2020. mately 25,341.33 square km (6.3mn acres), and
ReconAfrica provides first well (6-2) early December, 2020 but is aware Africa to obtain a 25 year production licence.
The Company is scheduling the spud of the based on commercial success, it entitles Recon-
update on Kavango additional logistical and supply chain delays pre- The Kavango Basin offers both large scale con-
sented by the COVID-19 virus may play a role ventional and non-conventional play types.
basin operations in execution, although only measured in weeks. Also, ReconAfrica holds a 100% interest in a
Nick Steinsberger, Senior Vice President of petroleum licence, PEL 001/2020, in north-west
Reconnaissance Energy Africa (ReconAfrica) Drilling and Completions, states: “The Crown Botswana that comprises an area of approxi-
has provided an operations update in open- 1000 HP is a strong and very capable rig. In addi- mately 9,921 square km (2.45mn acres) and is
ing the deep Kavango Basin in northeastern tion, we are making upgrades such as installing contiguous to the Namibian licence. The two
Namibia. a 250-tonne top drive and a third mud pump for licences together comprise 35,262.33 square km
Recent Funding: “With the very success- deeper and faster drilling, as well as several key (8.75mn acres).
ful completion of ReconAfrica’s recent round upgrades to safety related systems. The entire ReconAfrica, August 26 2020
of funding of approximately CAD23mn rig and ancillary equipment are being worked
($17.6mn), the Company is now well positioned through thoroughly so minimal downtime can
to begin its evaluation of the Kavango Basin, one be expected when drilling operations begin in DOWNSTREAM
of the world’s last remaining undeveloped deep December.”
sedimentary basins,” stated Scot Evans, Chief Seismic Campaign: The success of the recent Moroh, Cameroon sign
Executive Officer. “The following is an update of funding programme has also enabled the accel-
active and planned operations, which will result eration of the 2D seismic acquisition, process- fuel supply contract
in the first drilling and seismic programmes in ing and interpretation programme. The seismic
this basin.” programme will be executed in parallel with the Mocoh and the Republic of Cameroon repre-
Drilling Campaign: ReconAfrica is now drilling campaign, and the combined results sented by the Minister of Water and Energy
funded to initiate and complete a three well will define the full exploration and development have signed a contract for the supply of petro-
drilling programme in the most opportune programme for 2021 and beyond. Importantly, leum products for the entire country until the
parts of Kavango Basin, with the initial goal of the programme will provide critical support for end of 2020. The contract provides for the exclu-
establishing an active Permian aged petroleum conventional reservoir prospect refinement. The sive supply of gasoline and jet fuel as well as part
system. The campaign will use the Company’s initial 2D programme will cover 400 km with a of the diesel needs for the entire Cameroonian
1000 HP Crown drilling rig (Jarvie-1) pur- targeted start in late Q4-2020. market.
chased in Q1-2020, which is completing refur- “The upcoming drilling and seismic cam- Mocoh’s oil ships will deliver all their cargoes
bishment and upgrade by Henderson Rigs in paigns have a strong technical underpinning, to the oil terminals in the ports of Douala and
Houston. While several months of work was lost delivered this year by the ReconAfrica technical Limbe.
due to COVID-19 related shutdowns, work has team,” according to Evans. A complete regional The Mocoh Group is very proud and honored
resumed and on track to complete the refurbish- structural study was completed, providing a to have been selected by the Republic of Came-
ment by October 2020, where subsequently the refined picture of the tectonics of the Kavango roon following a very competitive tender with
rig and all ancillary equipment will be shipped basin, the initial development of traps for con- all the world’s leading traders. The Mocoh group
from the Port of Houston, Texas to the Port of ventional reservoirs, and providing the basis for congratulates its teams for this great success and
Walvis Bay, Namibia and on to the first of three initial and numerous source rock evaluation. All looks forward to its future activities with the
drilling locations in the Kavango Basin, north- of this work will be posted on the ReconAfrica Republic of Cameroon.
eastern Namibia. website. Mocoh, August 26 2020
ReconAfrica has now completed the well The Company looks forward to a very active
designs and tendered the drilling service pro- second half of 2020, now focused on successful
gramme in full. The Company has received operations and the establishment of the Kavango SERVICES
strong support for all operations from the Basin as a major oil and gas province.
industries major service companies and local ReconAfrica holds a 90% interest in a petro- Shearwater receives
contractors. All bids have been received and are leum exploration licence in northeast Namibia.
currently under evaluation by the Company, The exploration license, PEL 73, covers the entire Mauritania 3D exploration

contract from Total

GC Rieber Shipping’s 19% owned geoservices
company Shearwater GeoServices has received
an award for a large towed streamer 3D acquisi-
tion and Fast Track processing project by Total
E&P Mauritania.
The exploration survey covers 6,000 square
km in the C15 and C31 Blocks using an ultra-
wide tow Flexisource configuration, the largest
triple source spread to date, together with Fast
Track processing enabled by Shearwater’s pro-
prietary Reveal software.

Week 35 02•September•2020 www. NEWSBASE .com P17