Duncan Wicht's Colleagues at Africa New Energies
Duncan Wicht's Contact Details
Africa New Energies
Duncan Wicht's Company Details
Africa New Energies was founded in 2011, after Stephen Larkin was invited by the Namibian government to propose a solution for its pending electricity shortages. We were funded by the United Nations affiliated African Innovation Foundation to perform a pre-feasibility study into creating a mechanism to bring about universal clean electricity access to Namibia, in a way that could be repeatable to the half a billion Sub-Saharan Africans who currently lack access. After considering all potential sources, we came up with our Stranded Natural Gas to Solar strategy – where we use our proprietary surface exploration algorithms to locate smaller deposits of stranded natural gas to generate electricity and use the profits to replace the gas with solar over a 20 year period. We were able to make this offer, as we had spent over 7 years in research and development developing these techniques for this purpose. You can imagine our amazement when the first surface geochemical results indicated that not only was there a strong indication of gas, but also of light crude. Our first reports were indicating that we could be sitting on a major hydrocarbons province with billions of barrels rather than a marginal natural gas deposit, which was what we first expected. Even with a conservative view of a payzone(depth) of just 10 foot thick, this equates to a gross unrisked prospective resource of over 1.6 billion barrels on the top seven prospects alone. The company is currently embarked on a pre-drilling exploratory programme involving our surface exploration technique technology with the intention of spudding our first well in 2016.