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Safe Supply Streaming Portfolio Company Safety Strips, Provides Corporate Update (click to learn more)
Saturn Oil & Gas Inc. Announces $525 Million Accretive Core-Area Saskatchewan Asset Acquisition (click to learn more)
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Bullboard - Stock Discussion Forum
Reconnaissance Energy (Africa) Ltd
RECAF
Primary Symbol:
V.RECO
Alternate Symbol(s):
V.RECO.W.A
|
RECWF
Energy
Metals & Mining
Oil & Gas E&P
Industrial Metals & Minerals
Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango...
Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (6.3 million acres) and 8,990 km2 (2.2 million acres) in Botswana. The two licenses together comprise 34,325 sq km (8.5 million acres). Its conventional drilling program is focused on analyzing the rocks to determine if there is a working petroleum system in the Kavango Basin.
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Bullboard (TSXV:RECO)
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(143)
•••
pacer001
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Comment by
pacer001
on Jan 14, 2024 7:49pm
RE:RE:On shore verses off shore …
https://oilprice.com/Energy/Energy-General/Offshore-Oil-Is-Booming-With-Vessel-Markets-Near-All-Time-High.html
(143)
•••
pacer001
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Comment by
pacer001
on Jan 14, 2024 4:38pm
RE:On shore verses off shore …
Probably so. If companies really thought there was oil where Recaf is they would be knocking on Recaf's doors wanting in. As far as I can tell no knocks. The action all seems to be offshore with a
...more
Oil & Gas Co. Announces $525 Million Accretive Core-Area Saskatchewan Asset Acquisition, Transformational Debt Recapitalization, $150 Million RBL Commitment and a $100 Million Bought Deal Equity Financing
posted May 08, 2024 9:00am by
Saturn Oil & Gas Inc.
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"The Acquired Assets are a perfect fit with Saturn's existing Saskatchewan operations and offer meaningful synergies. The Acquisition is highly accretive for our shareholders and consistent with our strategy of acquiring quality assets where we can apply our strategic operating approach to enhance margins, grow Adjusted EBITDA(3) and increase Free Funds Flow ...read more
(691)
•••
Frank007
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Post by
Frank007
on Jan 12, 2024 5:02pm
On shore verses off shore …
Can not be compared especially if in water more than 300 meters deep .....on shore wells usually come in around 1 to 2 milion $ .....off shore ....our last two wells corentyne block offshore Guyana
...more
(143)
•••
pacer001
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Comment by
pacer001
on Jan 11, 2024 6:15pm
RE:Even if Recaf hits it big …
An example of the challengesoil companies have to deal with in Africa: <a href="https://oilprice.com/Latest-Energy-News/World-News/New-Protests-Threaten-to-Take-Key-Libyan-Refinery-Offline
...more
(143)
•••
pacer001
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Post by
pacer001
on Jan 11, 2024 6:07pm
Even if Recaf hits it big …
... it won't matter! in Africa with all the corruption, theft and other headaches not to mention expenses it is easier for the big companies to drill off shore since these platforms can be easily
...more
(3)
•••
Plus50
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Comment by
Plus50
on Jan 11, 2024 4:05pm
RE:TotalEnergy invests heavily in Namibian oil!
Was wondering the same thing. So close yet so far away it seems. Hope is eternal.
(691)
•••
Frank007
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Post by
Frank007
on Jan 11, 2024 9:05am
Pacer ….u r correct ..
All of the Namibia discoveries r offshore ....just like Guyana ....the area Rico is trying to pump can not posablly have oil if you know anything about earth sciences .....
(143)
•••
pacer001
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Post by
pacer001
on Jan 11, 2024 1:21am
TotalEnergy invests heavily in Namibian oil!
But where is Recaf in the below story? https://oilprice.com/Latest-Energy-News/World-News/TotalEnergies-Ups-Stake-in-Namibia-Oil-As-Discoveries-Line-Up.html
(691)
•••
Frank007
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Post by
Frank007
on Jan 04, 2024 7:59pm
Obsession…..lol….
I,m just warning you idiots ....I golf with these .promoters ...and all I have done is short the stock three time ....made lots of $ ...you were warned ....
(143)
•••
pacer001
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Comment by
pacer001
on Jan 04, 2024 5:40pm
RE:RE:RE:Unrivalled Obsessions
Sammy, will you go the way of Baby Doe and the "Matchless Mine" with your Recaf? See below on Baby Doe: "Reportedly, his deathbed order was to "hang on to the Matchless," a
...more
(143)
•••
pacer001
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Comment by
pacer001
on Jan 04, 2024 5:33pm
RE:RE:RE:Unrivalled Obsessions
Ps correction: I meant to say NEVER get her rich again!
(143)
•••
pacer001
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Comment by
pacer001
on Jan 04, 2024 5:30pm
RE:RE:Unrivalled Obsessions
Sammy you remind me of Baby Doe. Back in the late 19th Century her family was extremely wealthy having their very own train that they criss crossed the country on living lavishly. They made their
...more
(1)
•••
SammyBerry2018
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Comment by
SammyBerry2018
on Jan 04, 2024 12:59am
RE:Unrivalled Obsessions
It's been longer than a year. 007 has been bashing this stock for years now. He will never quit. Not till he loses big time. And that time will come. I believe in this stock. I always have. Frank
...more
(96)
•••
Matteo1234
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Post by
Matteo1234
on Jan 03, 2024 7:50am
shorts are stubborn
Papi. Accumulation time is here. Stayhard
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