Oregen Energy Corp. (CSE: ORNG) (OTCQB: ORGEF) (FSE: A1S0) announced the appointment of petroleum geoscientist and former Impact Oil & Gas Exploration Director Philip Birch as strategic advisor. Birch will support the company's evaluation of a potential investment in Namibia's offshore Block 2812Ab in the Orange Basin. His expertise will be instrumental in exploration strategy, subsurface evaluation, and technical positioning related to the block, which sits adjacent to the Venus discovery within the same proven petroleum fairway.
Birch played a key role in identifying and advancing the Venus prospect prior to its successful drilling by TotalEnergies. The Venus discovery is one of the largest in the region, and Oregen's interest in Block 2812Ab positions the company to capitalize on the emerging hydrocarbon potential of the Orange Basin. The appointment underscores Oregen's commitment to leveraging top-tier geological expertise as it expands its portfolio in Africa's oil and gas sector.
Oregen Energy is an investment company primarily focused on oil and gas assets in Africa. The company is actively exploring other investment opportunities in the Orange and surrounding basins. Its current flagship investment is a 33.95% net interest in Block 2712A in the Orange Basin offshore Namibia, an emerging world-class petroleum province with multiple recent discoveries by major operators. For more information, visit https://oregen.com/.
To view the full press release, visit https://ibn.fm/l5Pz4.
This announcement is significant as it brings seasoned expertise to Oregen's evaluation of a high-potential block adjacent to a major discovery. The Orange Basin has become a hotspot for oil and gas exploration, with recent discoveries by major operators like TotalEnergies and Shell. Birch's involvement could enhance Oregen's ability to identify and develop valuable assets in the region, potentially benefiting shareholders and contributing to the energy sector's growth in Namibia.
The appointment also highlights Oregen's strategic approach to expanding its presence in Africa's oil and gas industry. By securing a advisor with a proven track record, the company aims to strengthen its technical capabilities and decision-making process. As Oregen continues to evaluate new opportunities, its focus remains on assets that offer significant upside potential within emerging petroleum provinces.
