Oregen Energy Corp. (CSE: ORNG) (OTCQB: ORGEF) (FSE: A1S0) has appointed petroleum geoscientist Philip Birch as strategic advisor as the company considers investing in Namibia's offshore Block 2812Ab in the Orange Basin. Birch, formerly exploration director at Impact Oil & Gas, played a crucial role in identifying and advancing the Venus prospect before its successful drilling by TotalEnergies. His expertise will guide Oregen's exploration strategy, subsurface evaluation, and technical positioning for the block, which lies adjacent to the Venus discovery within the same proven petroleum fairway.
The appointment underscores Oregen's commitment to expanding its footprint in Namibia's Orange Basin, an emerging world-class petroleum province. The company already holds a 33.95% net interest in Block 2712A, also in the Orange Basin offshore Namibia. The region has seen multiple recent discoveries by major operators, highlighting its potential. Birch's experience with Impact Oil & Gas, where he contributed to the Venus discovery, is expected to provide valuable insights for evaluating Block 2812Ab.
According to the press release, Birch will support the company's exploration strategy and technical evaluation related to the block. The announcement is significant as it positions Oregen to potentially capitalize on the success of nearby discoveries. The Orange Basin has attracted significant attention from major oil companies, and Oregen's strategic move to engage a key figure from the Venus discovery could enhance its prospects.
For more details on the announcement, view the full press release at https://ibn.fm/l5Pz4. Additional information about Oregen Energy is available at https://oregen.com/.
