Oregen Energy Corp. (CSE: ORNG) (OTCQB: ORGEF) (FSE: A1S0) has appointed petroleum geoscientist and former Impact Oil & Gas Exploration Director Philip Birch as strategic advisor, as the company evaluates a potential investment in Namibia’s offshore Block 2812Ab in the Orange Basin. Birch played a key role in identifying and advancing the Venus prospect prior to its successful drilling by TotalEnergies. Oregen said his expertise will support exploration strategy, subsurface evaluation and technical positioning related to the block, which sits adjacent to the Venus discovery within the same proven petroleum fairway.
The appointment comes as Oregen continues to focus on oil and gas assets in Africa, with its current flagship investment being a 33.95% net interest in Block 2712A in the Orange Basin offshore Namibia. The Orange Basin is an emerging world-class petroleum province with multiple recent discoveries by major operators. By bringing in Birch, Oregen aims to strengthen its technical capabilities in evaluating the potential of Block 2812Ab, which is strategically located near the Venus discovery—one of the most significant finds in the region.
Philip Birch's track record includes identifying and advancing the Venus prospect, which was later successfully drilled by TotalEnergies, highlighting his deep understanding of the Orange Basin's geology. His appointment signals Oregen's commitment to leveraging expert knowledge to make informed investment decisions. The company is actively exploring other investment opportunities in the Orange and surrounding basins, and Birch's guidance could be pivotal in assessing the viability of Block 2812Ab.
This move is important for the industry as it underscores the continued interest in Namibia's offshore potential. The Orange Basin has attracted major oil companies due to its promising geology and recent discoveries. Oregen's potential investment in Block 2812Ab could contribute to further exploration and development in the area, potentially impacting the region's energy landscape. For investors, Birch's involvement adds credibility to Oregen's evaluation process, as his past success with Venus suggests a keen eye for high-potential prospects.
Oregen Energy is an investment company primarily focused on oil and gas assets in Africa. The company's current flagship investment is a 33.95% net interest in Block 2712A in the Orange Basin offshore Namibia. The company is actively exploring other investment opportunities in the Orange and surrounding basins. For more information, visit Oregen Energy Corp.. To view the full press release, visit https://ibn.fm/l5Pz4.
