Company Overview - Oregen Energy Corp. is engaged in offshore oil exploration in Namibia's Orange Basin, where over 20 billion barrels of oil have already been discovered [4] - The company holds a 34% stake in Block 2712A through its partnership with WestOil, positioning itself strategically in the region [4] Strategic Plans - Oregen Energy plans to conduct a 3D seismic survey in Q4, which is expected to be critical for identifying optimal drilling targets [4] - In 2026, the company intends to open a data room for super majors, aiming to farm out the costly drilling phase while maintaining a carried interest in potential significant oil discoveries [4] Industry Context - The Orange Basin is recognized for its major oil finds, making it a focal point for exploration and investment in the oil and gas sector [4] - The ongoing developments in the region highlight the growing interest and competition among energy companies in offshore oil exploration [4]