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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 grenouilleon Oct 24, 2021 12:02am
217 Views
Post# 34041578

RE:When is RECAF drilling wells 3 and 4?

RE:When is RECAF drilling wells 3 and 4?it's called "schedule slippage."  it happens in all kinds of contexts.  it's part and parcel of the uncertainty of forward looking statements.  
until someone develops a functioning crystal ball that can accurately predict the future, scheduled future events will occur early or late.  ...and every now and then, right on time.

that's the way the world is.  get used to it.  i'm not even going to try to guess how long that will take you.
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