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 company is evaluating a potential investment in Namibia’s offshore Block 2812Ab in the Orange Basin, 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. Oregen said his expertise will support exploration strategy, subsurface evaluation and technical positioning related to the block. The appointment comes as Oregen continues to build its presence in the Orange Basin, an emerging world-class petroleum province with multiple recent discoveries by major operators.
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.
For more information, visit the company's website at https://oregen.com/. To view the full press release, visit https://ibn.fm/l5Pz4.
This appointment is significant because Birch's track record in identifying major discoveries like Venus could enhance Oregen's ability to evaluate and potentially develop the adjacent Block 2812Ab. The Orange Basin has attracted significant attention from major oil companies due to its high potential, and Oregen's strategic move positions it to potentially capitalize on the basin's continued exploration success.
