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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

Reconnaissance Energy (Africa) Ltd > funny thing happened on my way to Sao Tome and Principe.....
View:
Post by Ebenizer3 on Feb 12, 2022 1:42pm

funny thing happened on my way to Sao Tome and Principe.....

the ds-10 which just drilled shell's Graff-1 discovery, after it got resupplied at Walvis bay was supposed to head to Sao Tome and Principe for a drill and then to Nigeria till Sept 2022, but instead turned South, like maybe it's headed back to shells blk. in Namibia. with total still drilling on the venus-1x and waiting on news, trying to figure out how to play it if they make a discovery. any thoughts?
Comment by Ebenizer3 on Feb 12, 2022 1:51pm
Comment by Ebenizer3 on Feb 12, 2022 1:53pm
poops...my bad , might be time to take away the keys...
Comment by Luckboxx on Feb 12, 2022 3:58pm
Here is an all or nothing speculation.  They should look to farm-out part of their block if they are smart. https://pancon.com.au/
Comment by Ebenizer3 on Feb 12, 2022 4:41pm
thanks, not the prettiest of share structure @ around 7bil, at least it's not 88e @ something like 15bil. Cheers, look forward for the drillbit to be turning soon in the kavango.
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