Reconnaissance Energy (Africa) Ltd V.RECO

Pod cast update.. oil $$$$$$

[Bpultra]

https://www.youtube.com/watch?v=fa3HCh2OFJk

[Ebenizer3]

the risk here isn't that they won't find oil, it's the government. and again according to the government they will make an announcement by 2/04 on Shell's graff-1. Hopefully they announce something positive. As steinke stated offshore discoveries take up to 10 yrs to develop. But all these buzz words, esg, net carbon neutral and so forth are a joke. If ur a company using best

[ZaPhiCa]

Ebenizer3 - WILL YOU EVER say anything positive about RECO? Same with the Oregon...k . Try harder please. I think we went over the gvmt issue many times over.

[Ebenizer3]

uuuuh ok, reconnaissance energy africa has the one best management and technical team u will ever find either in a junior or major oil company. And those are just the facts. What's left of the Mitchell team, Steinsberger, Jarvie. A tip of the hat to Dan Stewart and Kent Bower. Evan's, and Dhanani have worked with the best Haliburton, bp. Then u have Cathey and Granath all top shelf. Than u

[pacer001]

Ebenizer, good points and well stated; I agree, particularly how we have to drill more and faster. As to governments, I agree too that this is a risk we got to watch; particularly with the radical environmentalists on a warpath big time. They just got the US to void licenses for Gulf of Mexico oil, at a time oil demand is surging. Shameful! I think as long as the current Namibian President

[UncleNas]

Ebinizer3, do u know if the announcement pertains to RECO? Any articles or videos on that thanks

[Ebenizer3]

no, the announcement is pertaining to shell's offshore graff-1 well which is supposed to happen by the end of the week. as for reco I think Steinke mentioned by the end of Feb for both drilling and the start of seismic. If anything it takes the pressure off of waiting, but hopefully they get show on the road soon. Good day and good luck

[jimgeorge]

Same thing with this podcast....nothing new. Steinke says to expect next "results" by Q3 2022. The only reference he makes to shooting phase 2 seismic is saying they have enough funds on hand for new drilling and additional seismic. The widely spaced regional 2D seismic in phase one will not show structural closures, they will need to shoot phase 2 by tying in to the best leads on the