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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 TurnToTheRighton Jul 30, 2021 10:46am
330 Views
Post# 33631881

RE:Turntotheright...Can you please tell what is your opinion

RE:Turntotheright...Can you please tell what is your opinion

All the marine strata comment was saying was that the cores that were analyzed showed the formations (i.e. strata) we're deposited in a marine environment (like a sea or ocean millions of years ago). That's pretty much exactly in line with what RECO thought. 

This is good news/confirmation because most hydrocarbons are found in marine depositional environments (formations created in the places of old bodies of water). Marine life (like plankton) is where the organic matter comes from necessary to form the oil and gas via heat, pressure, and time. I don't know how common it is to have oil and gas in environments that were not once bodies of water. 

I will have to defer to any geologists however regarding much more detailed questions regarding formation deposition. Geos, please feel free to add  if I have missed something.

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