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 Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (6.3 million acres) and 8,990 km2 (2.2 million acres) in Botswana. The two licenses together comprise 34,325 sq km (8.5 million acres). Its conventional drilling program is focused on analyzing the rocks to determine if there is a working petroleum system in the Kavango Basin.

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Reconnaissance Energy (Africa) Ltd > Economic Viability of Kavango Project

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Comment by Reconafricaon Dec 20, 2020 1:18pm

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Post# 32149292

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Economic Viability of Kavango Project

I believe it's been stated repeatedly that the three initial wells are test wells, for the purpose of logging data, hence jarvies happiness about using water based drilling fluid. Thier initial goal is to fundamentally understand the geography of the basin. As jarvie says, without source rock all you have is a dry hole. They'd why they are targeting source rock. There's enough information out there to answer all of your questions. One place where it's all condensed into a single location so it's easy to find is here... https://www.facebook.com/groups/1338945173125257

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