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.

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Reconnaissance Energy (Africa) Ltd

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Post by Luckboxxon Aug 05, 2021 10:14pm

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Post# 33661900

Drill depth reasoning from Reco

Reading his twitter feed is recommended for those who are losing their nerve and-or know little of how an oil junior explorer operates. He is IR so he is just repeating what the decision makers are telling him.

Grayson Andersen (@Grayson_Anderse) Tweeted:

@David_E_Powell Lots of movement of the molecules sub surface which "should" result in trapping with the appropriate seals. Oil, natural gas and natural gas liquids at relatively shallow depths, no need to go to the source rocks given all the shows. Seismic to help find the traps, then drill'em!

https://twitter.com/Grayson_Anderse/status/1423273348176306179?s=20

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