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Bullboard - Stock Discussion Forum 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... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Drilling has commenced
View:
Post by Reconafrica on Dec 21, 2020 1:37am

Drilling has commenced

https://m.marketscreener.com/quote/stock/RECONNAISSANCE-ENERGY-AFR-49477195/news/Reconnaissance-Energy-Africa-Operations-Update-Drilling-Rig-on-Location-Namibia-32056797/
Comment by hipfner on Dec 21, 2020 5:37am
Drilling has NOT commenced. The press release says: Drilling of the 6-2 well is scheduled to take place the first part of January, 2021.  This well is the first of a three well drilling program intended to confirm an active, Permian aged, petroleum system in this deep basin.   The wells are designed to drill through and collect important data on all Permian aged rock formations ...more  
Comment by Elephants on Dec 21, 2020 7:07am
hes referring to the initial drilling of the wellbore. Which is technically drilling and will chop a few days off.
Comment by Reconafrica on Dec 21, 2020 9:07am
drilling HAS commenced! Read the pr! They used a local rig to drill the first leg
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