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. Birch will support the company as it evaluates a potential investment in Namibia’s offshore Block 2812Ab in the Orange Basin. This block is strategically adjacent to the Venus discovery, a major oil find drilled by TotalEnergies, within the same proven petroleum fairway.
Birch played a key role in identifying and advancing the Venus prospect prior to its successful drilling. His expertise is expected to enhance Oregen’s exploration strategy, subsurface evaluation, and technical positioning related to Block 2812Ab. The appointment underscores Oregen’s commitment to expanding its footprint in the Orange Basin, an emerging world-class petroleum province with multiple recent discoveries by major operators.
Oregen is an investment company primarily focused on oil and gas assets in Africa. Its 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. For more information, visit https://oregen.com/.
This news matters because it signals Oregen’s strategic move to leverage Birch’s proven track record in major discoveries to potentially unlock value in a highly prospective area. The Orange Basin has attracted significant attention from major oil companies due to its recent successes, and Oregen’s positioning could lead to substantial value creation for shareholders.
The full press release is available at https://ibn.fm/l5Pz4.
