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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

Comment by Ebenizer3on Aug 09, 2021 9:48am
215 Views
Post# 33671210

RE:RE:RE:New article - August 8

RE:RE:RE:New article - August 8nonsense, mug wt. Was pretty much where it's supposed to. Target mud at is usually 250 psi above what's to be expected. It's an easy formula. 0.465xdepth ft=expected formation pressure than take mud wt. ppg x 0.052 x depth ft. Ex: 9.5ppg x 0.052 x 5379ft.=2657.2 psi .....0.465 x 5379 ft = 2501 psi 2657.2 - 2501.2 = 156 psi so it's basically where u want it slightly over balanced.
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