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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... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Info to help understand details of recent NR
View:
Post by nowoolinis on Aug 05, 2021 2:31pm

Info to help understand details of recent NR

As a layman, I found this page informative.

https://energyeducation.ca/encyclopedia/Source_rock
Comment by Ebenizer3 on Aug 05, 2021 2:38pm
what source rock? they never made that deep. 5000ft. short. kinda hard to compare source rock. All they talk is of shows. Wondering what happened to the stack pay. Probably the one thing that would interest a jv partner is the stack pay. Oh well maybe next year. Good luck to all
Comment by Ebenizer3 on Aug 05, 2021 2:47pm
not worth the money to do vsp, get ur gun loaded and shoot the the 4200ft zone. But without cores I wouldn't bother. P&A and move on to the next one.
Comment by nowoolinis on Aug 05, 2021 3:36pm
yes, ID'd in NR that zones with shows are not source rock, but oil and gas shows regardless imply that source rock exists, and imply potential for traps that could be ID'd with seismic. Is the VSP used only to determine production potential?
Reconnaissance Energy (Africa) Ltd
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