Investment Highlights
- Strategic positioning in Namibia’s emerging offshore oil sector – one of the most exciting exploration areas worldwide
- Indirect share of 33.95% in Block 2712A in the northern Orange Basin (5,484 km²), in direct proximity to major discoveries by Shell, TotalEnergies and Galp
- Clear growth strategy with technical evaluation, seismic work and farm-out process until 2026
- Experienced management with proven expertise in international oil and gas projects, capital markets and exploration
- Attractive license conditions and stable political environment in Namibia
- Early-stage participation with significant leverage on potential major discoveries in an increasingly competitive environment
Company & Strategy
Oregen Energy Corp. (CSE: ORNG | FSE: A1S) is a Canadian investment company focused on early-stage investments in promising energy projects. The current main focus is on the participation in Block 2712A in the offshore area of the northern Orange Basin in Namibia – one of the most dynamic and geologically promising petroleum regions in the world.
The company holds an indirect share of 33.95% in this license via its 48.5% stake in WestOil Ltd., which is located in the immediate vicinity of several of Africa’s most significant recent oil discoveries. This strategic positioning gives Oregen access to an area with an estimated 20 billion barrels of oil in place.
Oregen’s strategy is designed for focused, capital market-oriented growth: securing early-stage investments, reducing technical risk and increasing value for shareholders through targeted partnerships. Following the completion of the independent technical report on Block 2712A, the focus is now on seismic evaluation, building a database for partners and preparing a farm-out process, which is scheduled to begin in 2026.
Market Environment
Namibia – a New Center for Offshore Oil Exploration
In recent years, Namibia has developed into one of the most exciting locations for global oil and gas exploration. The offshore area of the Orange Basin in the south of the country is experiencing a series of spectacular discoveries by international corporations:
- TotalEnergies Venus-1X – around 5.1 billion barrels, the largest oil discovery in sub-Saharan Africa
- Shell Graff-1X – approximately 2.4 billion barrels
- Shell Jonker-1X – approximately 2.5 billion barrels
- Galp Mopane Field – approximately 10 billion barrels of oil equivalent
These discoveries highlight the enormous potential of the region, which in terms of structure, geology and prospects of success is often compared to the groundbreaking discoveries in Guyana.
Political Stability and Economic Attractiveness
Namibia is considered one of the most stable countries in Africa with a clear, investor-friendly framework. The government actively supports the development of the oil and gas industry and offers competitive license conditions with a
Energy Demand and Global Trends
Despite the global energy transition, oil remains a central component of the global energy supply. According to forecasts by the
Project Portfolio
Block 2712a – Core of the Oregen Investment
Block 2712A is located in the northern part of the Orange Basin, approximately 100 kilometers off the coast of Namibia. The license area covers 5,484 square kilometers in water depths of 2,800 to 3,900 meters and directly borders exploration blocks of Shell, Galp and Chevron. The geological conditions are similar to those of the neighboring major discoveries – a clear indication of significant discovery potential.
Fig. 1: Location of Block 2712A in the Orange Basin
Oregen holds a 33.95% indirect share in this project through its stake in WestOil Ltd. WestOil acts as operator and coordinates all technical and operational activities.
Work Program and Schedule (2025–2027)
- May 2025: Completion of an independent technical report (NI 51-101 Report) on the geological evaluation and interpretation of existing seismic data.
- Q3–Q4 2025: Acquisition and detailed evaluation of 2D and 3D seismics, including new infill measurements in collaboration with leading service providers.
- Early 2026: Establishment of a data room and start of the planned farm-out process to involve international partners. The goal is to conclude agreements on cash components and carried interests for seismic programs and drilling.
- 2027: Start of exploration drilling – depending on seismic results and successful partner participation.
Fig. 2: Partnership between Oregen and WestOil
The technical interpretation shows that Block 2712A is structurally comparable to the major offshore discoveries in the southern part of the basin. A combination of favorable depth, sediment structures and proven hydrocarbon system indicates several potential drilling targets.
License Conditions and Partner Structure
The exploration license is subject to an initial term of four years, extendable by two further periods of two years each. The local partner is Petrovena Energy, with whom there is close cooperation. This structure allows for flexible capital allocation and facilitates access to national expertise and authorities.
Outlook
Oregen Energy is in a clearly defined growth phase. The focus of the coming 18 months is on:
- Technical de-risking: Completion of seismic work and precise definition of drilling targets.
- Strategic partnership development: Acquisition of strong industry partners via the farm-out process.
- Capital market positioning: Increasing the company’s visibility in North America and Europe (including through GOLDINVEST Consulting).
- Potential portfolio expansion: Examination of additional investments in neighboring offshore basins, particularly in the Walvis Basin.
Management sees the combination of attractive geology, political stability and growing international interest as a rare opportunity to participate early in a globally relevant energy project.
Management
Mason Granger – Chief Executive Officer & Director
With over 20 years of experience in the energy sector and capital markets, Mason Granger is an experienced manager and investor. He is a multi-time winner of the “Brendan Wood International TopGun Investment Mind” award and has a background in process engineering, fund management and ESG-oriented energy analysis. His leadership represents a combination of technical expertise and strategic capital market focus.
Stuart Munro – Vice President Exploration
Stuart Munro is one of the pioneers of exploration in the Orange Basin. He was instrumental in the development of today’s Shell block and the discovery of “Graff” – one of the most significant finds of the last decade. With over 50 years of experience in more than 90 basins worldwide, he brings unparalleled geological and operational expertise.
Sean McGrath – Chief Financial Officer & Director
The Canadian CPA (CGA) has over two decades of experience in financial management and corporate governance in the commodities sector. At Oregen, he is responsible for strategy, finance and compliance and is active in senior positions at several listed companies.
Ken Brophy – Director
Brophy has 25 years of experience in the further development of commodity projects, particularly in the area of ESG, stakeholder management and capital markets. He is currently President and COO of Intrepid Metals Corp. as well as President of Ram River Coal Corp. and complements the Board with valuable operational experience.
Michael Humphries – Director
Humphries is an experienced investment banker with over 35 years of international experience in energy M&A, including at Rothschild & Sons, PFC Energy and Rand Merchant Bank. His network and experience in Africa are central elements for Oregen’s strategic development.
Strategic Advisory Board
The management is supported by a top-class Advisory Board, consisting of experienced figures from the global oil and gas industry – including former executives from Tullow Oil, Schlumberger and leading energy consultancies. Their common goal: to support Oregen’s international expansion and contribute know-how to technical, financial and political decision-making processes.
Conclusion
Oregen Energy Corp. is representative of the new dawn in Namibia’s offshore oil sector. With its stake in Block 2712A, the company secures a key position in one of the world’s most attractive exploration areas. The combination of experienced management, strategic positioning and a structured investment roadmap offers investors the chance of above-average growth potential.
While major corporations such as Shell, TotalEnergies and Galp are already developing the region, Oregen occupies an early-stage, geologically privileged position – with potentially significant leverage on future discoveries.
With the completed technical evaluation, the upcoming seismic program and a clearly defined farm-out process, Oregen has the essential prerequisites to take the next step towards exploration drilling.
Fig. 3: Schedule and value creation stages of the Oregen strategy
For investors who want to bet early on the next major oil cycle in Africa, Oregen Energy Corp. could offer an exciting entry point – professionally managed, clearly focused and operationally positioned in one of the most promising exploration basins in the world.
