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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  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

Post by Hiddensecretson Jun 03, 2021 9:01am
377 Views
Post# 33317734

Wow...440 feet of oil/gas + Drilling another 4 weeks

Wow...440 feet of oil/gas + Drilling another 4 weeksWow,

We hit 440 feet of oil and gas and, we still have 4 weeks of drilling left in hole 6-1. 

Jarvie estimated 120 billion barrels of oil on 400 feet.

We had 660 feet in hole 6-2.

We have 440 feet in hole 6-1 and, there is 4 weeks left of drilling to hit bottom of basin, so it is looking like a MONSTER as more feet of oil will be added as we drill deeper.

Shorts made a big mistake. 

Blockbuster results coming end of July 2021, expect a feriocous rally. 

mpo
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