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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

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Post by allnrg on Aug 04, 2021 9:55pm

Wild Cat Wells

Been in the drilling industry for 30 years. The company is drilling wild cat wells, can you set your watch by any kind of completion date ? Hell no, expect the unexpected is what I have learned over the years. Cookie cutter wells in a proven field is a totally different senario you can set your watch by those. My point being is lay off the end of July news release complaints. All are expecting detailed results from the first well but I'm thinking the company wants to incorporate early results of second well in addition.
Comment by crude on Aug 05, 2021 12:35am
we are not drilling a well we are proving up a basin  -  one of 5 if you are waiting to flip out your cash maby first thing in the morning is a good time most of us are here for the long haul !!!
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