RE:RE:RE:RE:Economic Viability of Kavango ProjectIt is my thinking exactly. RECO.V is drilling to confirm a Petreloem System in Place with source rocks.
In Q2-2021 discussions begin with major players and they put up the big money for drilling the reservoirs.
So yes, common logic dictates that we are in a SAFE INVESTMENT period for the 3 holes.
We have three worldwide specialists whom agree on basin:
(a) Spoule says 1 billion barrels of oil in place
(b) Jarvie says 100 billion barrels of oil in place
(c) Bill Cathey says never has a basin this big in the world not produced oil, they all have
Now if these three (3) people are wrong, then they should close up their oil shops, as they are the leaders in the world and, all three (3) are saying the same thing but to different degrees.
So the 3 holes should be VERY SUCCESSFUL for the source rock.
MPO