Reconnaissance Energy Africa Ltd. (ReconAfrica)) a young global exploration and production company has announced its preparation for the upcoming drilling program in the Kavango Basin and the appointment of Mr. Nick Steinsberger as Senior Vice President, Drilling and Completions.
Nick Steinsberger brings 32 years’ experience in petroleum engineering, drilling and completions, production, and surface facilities to ReconAfrica as the Company commences the first drilling program in the newly discovered Kavango sedimentary basin, in Namibia and Botswana. Nick will be responsible for both the management of the Company’s Crown 750 drilling rig and the drilling and completion of the initial drilling program, scheduled for Q4 of 2020.
Mr. Steinsberger began his career as Completions Manager for Mitchell Energy in 1988 and was responsible for completing the first 25 horizontal shale wells ever drilled and completed in the Barnett Shale in Texas, transforming the Barnett into industry’s first commercial shale play and ultimately one of the largest gas fields in the USA reaching peak production of 5.75 Billion Cubic Feet per day in 2012. Based on its success in the Barnett, Mitchell Energy was solid to Devon Energy for $3.1 Billion in 2002.
“Nick is the pioneer of ‘slick water fracs’, a technique which transformed the economics and productivity of the Barnett shale and is now utilized in all commercial shale plays worldwide”, stated Scot Evans, ReconAfrica’s COO. “He is considered a world leader in completions and well design, and has supervised over 1500 well programs in North American conventional and unconventional plays.”
ReconAfrica is a junior oil and gas company engaged in the opening of the newly discovered deep Kavango Sedimentary Basin, in northeastern Namibia and northwestern Botswana where the Company holds petroleum licenses comprising approximately 8.75 million contiguous acres.
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