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 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 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 Orange Basin offshore Namibia. The company is actively exploring other investment opportunities in the Orange and surrounding basins. The appointment of Birch signals Oregen's commitment to leveraging top-tier technical expertise to advance its portfolio in this highly prospective region.
Birch's background includes extensive experience in basin analysis, prospect generation and exploration strategy. His involvement with the Venus discovery, one of the largest oil discoveries in recent years, underscores his ability to identify high-impact opportunities. For Oregen, his guidance could be instrumental in evaluating Block 2812Ab, which is strategically located adjacent to the Venus discovery. The block lies within the same proven petroleum fairway, potentially offering similar geological characteristics.
Oregen Energy is an investment company primarily focused on oil and gas assets in Africa. The company's strategy centers on acquiring and developing assets in emerging petroleum provinces with significant upside potential. The Orange Basin has attracted attention from major oil companies due to its promising geology and recent discoveries. Oregen's existing interest in Block 2712A and potential entry into Block 2812Ab positions it to capitalize on the basin's growth.
The full press release detailing the appointment is available at https://nnw.fm/l5Pz4. For more information about Oregen Energy Corp., visit https://oregen.com/.
