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No license to conduct fracking activities granted

No license to conduct fracking activities granted

Business Reporter

 

NO license to conduct fracking activities has been granted to Reconnaissance Energy, neither is such a license being contemplated.

 

This was stated by the office of the Petroleum Commissioner in the Ministry of Mines and Energy while providing clarity on the operations of Reconnaissance in Namibia.

 

Maggy Shino, Petroleum Commissioner at the mines ministry, stated that Reconnaissance Energy was issued with a Petroleum Exploration licence  No. 73 to undertake exploration activities in Block 1819 and 1829, located in the north eastern part of Namibia.

 

The work program to be conducted under this licence includes; reprocessing and interpreting all geological and geophysical data available, conduct geochemical soil analysis, conduct an integral assessment of the blocks petroleum potential, and conduct environmental impact assessment for drilling and seismic operations.

 

No license conduct fracking activities granted activities Reconnaissance Energy
Pictured: The search for oil and gas near watershed wildlife-rich Okavango Delta has brought about many fears that mining activities would ruin the ecosystem. Photo: NatureWorld

 

Furthermore, the licence also allows ReconAfrica to drill stratigraphic or exploration wells, Acquire 2D and 3D seismic data and drill and evaluate the initial delineation test.

 

Shino stated that the company is currently at the early stages of exploration, and are drilling three stratigraphic wells.

 

“The results obtained from this drilling exercise will advise the layout of the seismic acquisition, which is the next activity. Once there is success during the exploration phase in a form of a commercial discovery, a production license will be entered into following negotiations of the field development plan which will form the basis of the production license terms and conditions.” Shino explained.

 

She further stressed that the mines ministry is working closely with Reconnaissance Energy and the Ministry of Environment and Tourism to ensure that the current drilling and future operations are performed in an environmentally sound manner.

 

“We are well aware of the value and wealth that our country is endowed with both on the surface and subsurface.  It is our objective as a ministry to regulate the exploration and exploitation of our country’s natural resources in an environmentally sustainable manner and utilize and evidenced based approach when making decisions to formulate policies. The drilling of these stratigraphic wells is one of the methods used to obtain technical evidence and data of our subsurface environment to enable economical decisions,”
Shino concluded.

 

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