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RECONAFRICA PROVIDES UPDATE ON OPERATIONS AND CONFIRMATION OF A NEW FOLD BELT PLAY IN THE KAVANGO BASIN
RECONAFRICA PROVIDES UPDATE ON OPERATIONS AND CONFIRMATION OF A NEW FOLD BELT PLAY IN THE KAVANGO...
About this update from Reconnaissance Energy Africa Ltd.
[{"type":"text","content":"\n \n \n \n RECONAFRICA PROVIDES UPDATE ON OPERATIONS AND CONFIRMATION OF A NEW FOLD BELT PLAY IN THE KAVANGO BASIN\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n April 3, 2023\n \n \n /CNW/ - Reconnaissance Energy Africa Ltd. (the \"Company\" or \"ReconAfrica\") (TSXV: RECO) (OTCQX: RECAF) (\n \n Frankfurt\n \n : 0XD) is pleased to announce as a result of recent data from the ongoing phase two 2-D seismic program, a significant new play type has been confirmed in the southern and western parts of the Company's ~6.3 million acre exploration licence area in\n \n Namibia\n \n – PEL 73. This new fold belt province, the \"Damara Fold Belt\", initially identified SW of the Karoo Rift Basin, consists of a very prominent and clearly imaged series of anticlinal structures, also known as Whaleback anticlines.\n \n \n \n \n \n \n \n \n \n These elongated anticlinal folds, which are often faulted, have a consistent linear trend in a NW to SE direction. With growing seismic data coverage used to identify these fold structures, 16 such structures have been recognized so far, with an areal extent of up to 50,000 acres (200 sq kms) and ~650 feet (200 metres) of column height, similar to structures found in the Zagros Fold Belt in\n \n Iran\n \n and\n \n Iraq\n \n (\n \n See maps & seismic\n \n ).\n \n \n The earlier phase of 2D seismic combined with stratigraphic test wells which penetrated the underlying Damara section (pre-Karoo aged stratigraphy), initially identified the fold belt below the Karoo Rift Basin and confirmed the trend and presence of these fold structures, carbonate reservoir rocks with up to 17% matrix porosity, fracture porosity, and significant oil shows (\n \n Netherland, Sewell & Associates Report\n \n ). As per prior press release, gas samples from the most recent stratigraphic test well, sampled in Isotubes during drilling this (pre-Karoo) section, have been analysed by a third-party industry laboratory, GeoMark Research (\n \n Houston, TX\n \n ), showing th...