Oregen Energy Corp. (CSE: ORNG) (OTCQB: ORGEF) (FSE: A1S0) has 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, and Birch's expertise is expected to support exploration strategy, subsurface evaluation, and technical positioning related to the block.
Birch played a key role in identifying and advancing the Venus prospect prior to its successful drilling by TotalEnergies. The Venus discovery is one of the most significant oil finds in recent years, and Block 2812Ab sits adjacent to it within the same proven petroleum fairway. Oregen Energy's interest in this area underscores its focus on the Orange Basin, an emerging world-class petroleum province with multiple recent discoveries by major operators.
For more information on the appointment, view the full press release at https://ibn.fm/l5Pz4.
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. The appointment of Birch signals the company's commitment to leveraging top-tier expertise as it expands its presence in the region.
The Orange Basin has attracted significant attention from major oil companies due to its potential. Recent discoveries by TotalEnergies, Shell, and other operators have confirmed the basin's status as a prolific hydrocarbon province. Oregen Energy's strategic move to bring in Birch, who has a proven track record in the basin, could enhance the company's ability to identify and develop valuable assets.
Investors and industry observers will be watching closely as Oregen Energy progresses with its evaluation of Block 2812Ab. The company's focus on high-potential areas adjacent to major discoveries could provide significant upside if the block proves to be commercially viable.
For more information about Oregen Energy Corp., visit https://oregen.com/.
