Reconnaissance Energy (Africa) Ltd V.RECO

TIMELINE QUESTION for the board....

[Hiddensecrets]

Will the company complete all 3 drill holes before we know results or, as drills are complete we get to know the results of each hole like with gold stocks?

AND,

How long does it usually take to drill hole 1 (in days) and then to get results back (in days) from lab confirming a petroleum system in place?

Thanks

MPO

[Elephants]

It really depends on what is found. I think they have said they would like to drill all the wells and have them analysed first along with the seismic and release it as a batch. Each well is 30-40 days and another 30 or so to analysis (it should be rolling after each well). So, the end of April early May would be the planned release date. I believe a timeline was on one of the slides from Houston

[Hiddensecrets]

Thank-you, I appreciate your response.  It clarifies the drilling situation. Good Luck, MPO

[Dave4444]

I do not think it clarifies the drilling situation at all.  The company releases are what clarify the drilling situation and if the first holes produces material news, it will have to be released in a press release, those are the rules.  Thinking that the company has the choice to release one hole at a time or 3 holes all at once is not really in accordance with the rules that require