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Bullboard - Stock Discussion Forum
Reconnaissance Energy (Africa) Ltd
V.RECO
Alternate Symbol(s):
RECAF
Energy
Metals & Mining
Oil & Gas E&P
Industrial Metals & Minerals
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.
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TSXV:RECO - Post Discussion
Reconnaissance Energy (Africa) Ltd
> Turntotheright...Can you please tell what is your opinion
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Moneycat
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Post by
Moneycat
on Jul 29, 2021 3:33pm
Turntotheright...Can you please tell what is your opinion
regarding the comments about marine strata that has been mentioned ?? TIA
(248)
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TurnToTheRight
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Comment by
TurnToTheRight
on Jul 30, 2021 10:46am
All the marine strata comment was saying was that the cores that were analyzed showed the formations (i.e. strata) we're deposited in a marine environment (like a sea or ocean millions of years ago). That's pretty much exactly in line with what RECO thought. This is good news/confirmation because most hydrocarbons are found in marine depositional environments (formations created in
...more
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