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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 > They should have a good idea by now
View:
Post by uptherecazaly on Jan 24, 2021 5:37pm

They should have a good idea by now

Just hopeing it not a overheated basin with just gas
Comment by wedgeman on Jan 24, 2021 5:56pm
Pretty sure they already know what they have....they drill 300 meters per day (I've been told)
Comment by Scungilli on Jan 24, 2021 7:35pm
They'll avg about 300 FEET per day, not meters.  
Comment by Narobioil on Jan 24, 2021 8:40pm
Wedgeman: Who is telling you that?
Comment by wedgeman on Jan 24, 2021 8:44pm
Can't remember who on this board.....I figured working 2 shifts it would be feasable....
Comment by Chas15 on Jan 24, 2021 8:56pm
That was me who said they would probably be running two 12 hour shifts. Now I'm just saying from experience, as the only time I've seen only one shift is either on a service rig (which this isn't) or when a rig is drilling for oil inside city limits. I've worked on a couple in Los Angeles that could only drill from 7am - 7pm cause of noise laws in the city. I don't expect this ...more  
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