From the just released MD&A on SedarThe well sample log of the 6-2 provides over 200 meters (over 660 feet) of oil and natural gas indicators/shows over three discrete intervals in a stacked sequence of reservoir and source rock. Extraction of oil from these samples and subsequent fingerprinting for key characteristics of the liquids, supports an active petroleum system with multiple source intervals. With drilling, coring and logging operations completed on the 6-2 location, the rig will be moved approximately 16 kilometers (10 miles) north to the second well site in the program, the 6-1 location. Preparation of the 6-1 site has been proceeding in parallel to the 6-2 drilling operations. This second well is designed to evaluate the petroleum systems discovered in the first well (6-2) in an area of maximum thickness.
SEISMIC OPERATIONS ReconAfrica contracted Polaris Natural Resources Inc., Canada’s longest standing seismic company, to provide acquisition services for its first 2D seismic program. Polaris has conducted over 1,000 seismic projects since 1996 and introduced the first ‘low impact seismic crew’ into Africa in 2008. This includes the patented Polaris Explorer 860 energy source which represents the world’s most environmentally friendly seismic source. This technology has been used very successfully on over 15 projects in East Africa and has been well accepted in all communities where it has been used. This source will be complimented with the world’s newest and smallest wireless recording nodes or receivers. The Company intends to conduct, process, and interpret 450 kms of 2D seismic that will tie to the active three well drilling program. The proposed seismic survey will be conducted along existing roads and tracks. The Environmental Impact Assessment process for this operation has begun with the posting of public sessions. In keeping with ReconAfrica’s strong commitment to community employment, Polaris’s corporate goals are to implement an 85% local content policy on all of its operations regarding employment, supplies and consumables.