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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  V.RECO.W.A | RECWF | RECAF

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.


TSXV:RECO - Post by User

Comment by grenouilleon Dec 18, 2020 10:38pm
312 Views
Post# 32146171

RE:oil & gas pipeline construction costs per wikipedia

RE:oil & gas pipeline construction costs per wikipediaif drilling produces hydrocarbons in commercial quantities, it likely will be productive in a progressive manner (start small, grow larger) over a period of years.  a smaller pipeline(s) may be sufficient in the early years.  later, larger lines may become appropriate, or multiple lines serving various sectors of the basin.  it is waaaaay too early to be planning pipeline sizes and routes.

the permian basin in texas is served by multiple oil and gas pipelines. the network evolved over decades, dictated by logistical needs as they developed.

i expect this to hold true in namibia - if and when.
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