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 Ebenizer3on Dec 20, 2020 10:46pm

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Post# 32150434

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

100 billion bbls estimated in the shale is the easy answer. Am guessing u know how this all got started with the ST1 well drilled in 1964 where they cored 620ft of immature Permian aged shale, and they hypothesized that the Basin deepen to the east, and then they came across the aeromagnetic survey which shows a deeper basin. So they are expecting, hypothesizing 6000ft thick stacked play similar to the Permian. And that's why everybody is jacked up on source rock. What's ur opinion on the core program? 4,000 -12,000ft, not sure what the water table is there but why not start coring after setting surface casing. Would be nice if they let us take a peek at the wireline log. Good luck to all

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