Picture of Reconnaissance Energy (Africa) logo

RECO Reconnaissance Energy (Africa) News Story

0.000.00%
ca flag iconLast trade - 00:00
EnergyAdventurousSmall CapNeutral

Namibia says onshore Kavango West 1X exploration well yields promising results

WINDHOEK, Dec 3 (Reuters) - Namibia's national oil company Namcor said on Wednesday that the onshore Kavango West 1X exploration well had yielded promising results.

A string of high-profile discoveries by oil companies including TotalEnergies, Shell and Galp has turned the small Southern African country into an exploration hotspot.

Namcor's joint venture partners in the PEL 73 block are Canada's ReconAfrica RECO.V and Norway's BW Energy BWE.OL.

"The Kavango West 1X well encountered a gross hydrocarbon section of approximately 400 metres within the Otavi carbonate formation," Namcor said in a statement.

"64 net metres of hydrocarbon pay were confirmed by wireline logs and mud log analysis. Additionally, 61 metres of further hydrocarbon shows were identified in deeper sections."

The statement said the exploration well will be re-entered in the first quarter of 2026 for a production test to determine flow rates and reservoir performance.

(Reporting by Nyasha Nyaungwa;
Additional reporting by Wendell Roelf;
Writing by Alexander Winning)

((alexander.winning@tr.com))

Recent news on Reconnaissance Energy (Africa)

See all news