Reconnaissance Energy (Africa) Ltd V.RECO

Geological risks

[deepoil0808]

As shareholders you should be aware of the geological risks.

https://journals.sagepub.com/doi/abs/10.1177/014459879601400601?journalCode=eeaa


On the geologic side there is a risk 

Of being incorrect on the dynamical history of structural and stratigraphic evolution of a basin,

Of being incorrect on the paleo-thermal evolution of a basin,

Of being incorrect on the hydrocarbon kinetic evolution,

Of being incorrect on primary and secondary hydrocarbon migration

Of being incorrect on accumulation sites and amounts of hydrocarbons retained at such sites. 

[TenneseeOil]

IMO everything has been satisfied with the exception of the final one and well given they know or can approximate the faults and understand how the basin formed as well as the Clastics and Carbonates were exactly where they should have been doing exactly what Granath said. There is a reason that a third party regarded and described the results thus far as World Class. I dont care where the price