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. The move comes as Oregen evaluates a potential investment in Namibia's offshore Block 2812Ab in the Orange Basin, a region that has seen significant recent discoveries by major operators.
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 underscores Oregen's commitment to leveraging top-tier talent to assess high-potential opportunities in the emerging petroleum province.
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 area described as an emerging world-class petroleum province with multiple recent discoveries. For more information, visit https://oregen.com/.
The Orange Basin has attracted significant attention from major oil companies due to recent discoveries, including the Venus find. Birch's background at Impact Oil & Gas, where he was instrumental in the Venus prospect, positions him to provide valuable insights for Oregen's evaluation of Block 2812Ab. The block is strategically located adjacent to the Venus discovery, potentially offering similar geological characteristics.
This announcement is important because it signals Oregen's continued focus on the Namibian offshore sector, which is rapidly gaining recognition as a major hydrocarbon province. The appointment of a seasoned geoscientist like Birch could enhance the company's ability to make informed investment decisions and potentially unlock significant value from the block. Investors and industry observers will be watching closely as Oregen progresses its evaluation of Block 2812Ab.
