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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest Botswana over the Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).


TSXV:RECO - Post by User

Comment by TurnToTheRighton Jul 17, 2021 11:52am
492 Views
Post# 33565161

RE:The purple outline around well 6-2

RE:The purple outline around well 6-2 Good question, and that's the billion dollar question, and that's what these wells and seismic the seismic are trying to start to answer. To calculate the volume the formations will be analyzed for hydrocarbon content and porosity (among other formation characteristics) of the formations to determine pore volume for a given formation. The different formation depths containing hydrocarbons will have their porosity determined and then you can multiply that pore volume by the depth of the formation and the area.

The logs and cores determine the porosity, seismic doesn't tell you that. And the cores and logs will also help determine the stratigraphic formations. The seismic will determine the depths of the different formations and the wells will help determine which formations are at what depths between the wells. The seismic will then be used to fill in the depths between wells. As more wells are drilled and more seismic conducted, the estimated volumes become more accurate.
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