Oregen Energy Corp. (CSE: ORNG) (OTCQB: ORGEF) (FSE: A1S0) has announced the appointment of petroleum geoscientist Philip Birch as strategic advisor, a move that signals the company's serious interest in Namibia's emerging Orange Basin. Birch, formerly Exploration Director at Impact Oil & Gas, played a pivotal role in identifying and advancing the Venus prospect before its successful drilling by TotalEnergies. Oregen Energy is evaluating a potential investment in Block 2812Ab, which sits adjacent to the Venus discovery within the same proven petroleum fairway.
Birch's expertise will be instrumental in supporting exploration strategy, subsurface evaluation and technical positioning related to the block. His background includes extensive experience in frontier basin exploration, particularly in the Orange Basin where he helped unlock significant hydrocarbon potential. The appointment comes as Oregen Energy continues to expand its footprint in Namibia, where it already holds a 33.95% net interest in Block 2712A, another promising offshore block.
The Orange Basin has emerged as a world-class petroleum province following multiple recent discoveries by major operators such as TotalEnergies and Shell. The Venus discovery, drilled by TotalEnergies in 2022, is estimated to contain substantial oil and gas resources, making the adjacent Block 2812Ab highly prospective. Oregen Energy's potential investment in this block could provide significant upside for shareholders, leveraging Birch's deep understanding of the basin's geology and exploration potential.
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. With Birch's appointment, Oregen gains access to high-level strategic guidance that could accelerate its evaluation and potential acquisition of new assets.
For more information on Oregen Energy, visit the company's website at https://oregen.com/. The full press release is available at https://ibn.fm/l5Pz4.
