Seismic looks fantastic,a rusty geologist's interpretation. 2021-11-5: ReconAfrica and NAMCOR Provide Preliminary Results from the 1st Seismic Program in the Kavango Basin:
Traps all over and their does appear to be a top seal cap. It does appear similar to Kenyan and Ugandan oil fields as graben rift zone creating traps. Seems like RECAF is fighting back. They did not have to release this, this is very fast, but indeed the traps are clear the seismic is clear. Before this, OilPrice.com article, before that Kavango elders PR, all in one week and about 50% gain in that week. Wanted them to fight back, go on offense and they have. Seriously yesterday had a fantasy in mind that they would do exactly this with seismic data, less than 24 hours later and here it is.
For those with no geo background, the link has cross section images of the seismic, the colored ones are best to look at. The concept is after the cap rock was in place the working petroleum system was migrating oil and gas upward (without cap rock you get tar pits on surface) and due to faults a permeable layer with oil gets blocked sideways by an impermeable rock formation moved up or down against it, trapping the oil from moving higher.
What causes the faults? The crust being pulled apart (rift zone) like in Nevada or Kenya. I also see 3 big anticlines (humps) on left side of Example Line 1; North South line, Central Kavango Basin. Line length 66km - Interpreted Those humps are KMs across, a natural oil trap that does not require faulting to trap the oil. Oil and gas move up as very light compared to rock and water.
In Half Moon Bay CA have seen anticlines 100 feet across with baby oil wells pumping away on them. The 2nd oil well in America(world) was drilled in Half Moon Bay. BTW releasing this great news after the close over a weekend, hmm may be to really sweat the Shorts. They can not get out until this is spread wide and far. Help RECAF out spread this around. Viceroy staff may be soiling their pants about now. Cheers
https://mailchi.mp/466a87f50f6e/reconafrica-and-namcor-provide-preliminary-results-from-the-first-seismic-program-in-the-kavango-basin-ne-namibia?e=4ddb7d12a2 As reported on October 21, 2021, 450 linear kilometers of seismic data were successfully acquired within budget and on schedule. Third party processing of this data by DownUnder GeoSolutions (America) LLC in Houston, Texas, and Absolute Imaging Inc. in Calgary, Canada, began as each seismic line was acquired, providing a very time efficient and uniquely interactive approach to the processing. Importantly, the initial processing results of the seismic acquisition has produced high quality data revealing a variety of structural and stratigraphic features providing for a target rich environment for the upcoming drilling program scheduled for early Q1, 2022.
An example of the early processing results of a seismic line is provided below. This line is shown twice, the first version an initial interpretation and the second, a clean version, illustrates: The overall good quality of the initial processed data. Significant extensional grabens with normal fault systems connected by steep wrench-related shear zones. Well-developed expansion of stratigraphic section in the grabens. Good fault resolution, some major faults extending over several thousand meters to near surface, and potential for multiple styles of trapping. Consistency with the rift basin origin of the Kavango basin.
Additional two seismic lines can be found via the following link HERE. These results also highlight a clear distinction between the Kavango basin, and the Owambo basin to the west, which is in a much simpler tectonic setting. The Company will continue processing the data to maximize image quality, and has begun the interpretation of the data, integrating available stratigraphic well data, with the intention of identifying new well locations by year end.
Immanuel Mulunga, Managing Director of NAMCOR commented, “NAMCOR is excited by the preliminary results of the recently concluded 2D seismic survey in our licence area. While we look forward to the processing and interpretation of the entire 2D survey, these initial findings give us extra confidence to choose the optimal drilling locations for the upcoming drilling campaign.”
Dr. Jim Granath stated, “These initial results of the first 2D seismic program prove that our acquisition and processing program provides good quality interpretable data, and that seismic will be a cornerstone of our current and future exploration program. This initial seismic data proves the Company’s basic premise, that the Kavango Basin is clearly a rift basin (geologically different from the Owambo Basin), with similar features to many of the world’s petroleum producing provinces.”