Oregen Energy Corp. (CSE: ORNG) (OTCQB: ORGEF) (FSE: A1S0) has appointed petroleum geoscientist and former Impact Oil & Gas Exploration Director Philip Birch as a strategic advisor. The appointment comes 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, and his expertise is expected to support Oregen's 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 Orange Basin offshore Namibia has emerged as a world-class petroleum province, with multiple recent discoveries by major operators. Oregen's current flagship investment is a 33.95% net interest in Block 2712A in the same basin. By bringing Birch on board, Oregen aims to strengthen its technical capabilities as it explores additional opportunities in the region. Birch's experience with the Venus prospect, one of the largest discoveries in the basin, could provide valuable insights for evaluating Block 2812Ab.
Philip Birch's appointment is significant for Oregen Energy as it seeks to expand its presence in the Orange Basin. His track record in identifying and advancing high-impact prospects aligns with Oregen's strategy of investing in oil and gas assets in Africa. The company is actively exploring other investment opportunities in the Orange and surrounding basins, and Birch's guidance could be instrumental in navigating the technical and geological complexities of the region.
The full press release regarding this appointment is available at https://ibn.fm/l5Pz4. For more information about Oregen Energy Corp., visit https://oregen.com/.
This announcement underscores the growing interest in Namibia's offshore oil and gas potential, particularly in the Orange Basin. With major discoveries by companies like TotalEnergies, the region is attracting attention from investors and operators worldwide. Oregen's strategic move to engage a seasoned expert like Birch positions the company to capitalize on this momentum and potentially unlock significant value from its assets.
