As Reconnaissance Energy Africa (TSXV:RECO, OTC:RECAF) continues to excite investors and industry experts alike, we sat down with the man responsible for what could be the next major development in this story. Bill Mooney is the president of Polaris Geo, the company charged with carrying out the 2d seismic imaging plans in what some are calling one of the most exciting oil plays on the planet.
During the interview, we touch on a number of points including:
– Why he believes Kavango has incredible potential and is one of the most exciting oil and gas plays on the planet.
– Why he thinks the equipment recon Africa is using is unlikely to cause environmental harm, especially to elephants
– Why he believes the equipment they will be using in the Kavango is well suited for environmentally sensitive areas
– Why he believes the Kavango has numerous traps and conventional reservoirs
– How 2d seismic imaging works
– How 2d may show if there is oil in the ground
James Stafford: I understand you have a vast amount of experience in international oil and gas plays. Given ReconAfrica has found oil in its first two wells (1) (2), how are you feeling about the prospectivity of the Kavango basin?
Bill Mooney: I am very definitely not an authority! However, given my geology background and having worked in basins in many countries for the last 40 years, it is rare to find a large virgin basin like Kavango! This basin is deep and contains Permian age rocks which were deposited between 250 and 300 million years ago. The Permian age on earth was marked by incredible organic growth. The entire earth was a giant hot steamy greenhouse. Since then, all of this organic material, buried deep in the earth with high pressure and temperatures, has literally been ‘recycled’ into oil and gas. I believe Kavango has incredible potential and is one of the most exciting oil and gas plays on the planet.
JS: Due to ReconAfrica’s analysis of much faulting and folding in the Kavango basin, do you expect to see numerous traps giving rise to conventional reservoirs?
BM: Yes! The aeromag data initially acquired shows not only a very large deep basin, it shows lots of relief (high and low points) within that basin. Over the last 450-500 million years the sediments deposited in the basin will eventually drape over these high basement structures, or be structurally deformed due to faulting and folding etc. These high points are one example of potential ‘structural traps’ for hydrocarbon.
JS: Could you please tell me how 2D Seismic imaging works?
BM: James – I’ve taken the liberty of finding a link for you that explains the principle of both 2D and 3D clearly. The differences between this explanation and what we are doing is #1 we are using wireless nodes rather than cables and geophones and #2 instead of the 4 big vibrators, we have a single smaller unit.
Seismic is basically taking an ultrasound (acoustic imaging) of the earth, just like you would investigate a body…
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