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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.


TSXV:RECO - Post by User

Comment by Ebenizer3on Aug 06, 2021 12:08pm
181 Views
Post# 33663573

RE:RE:RE:RE:RE:RE:RE:RE:RE:Shallow drill depth CONTRADICTS a 30,000 feet basin

RE:RE:RE:RE:RE:RE:RE:RE:RE:Shallow drill depth CONTRADICTS a 30,000 feet basinif that was the case management could easily have stated that fact. I think we can handle whatever the news is good or bad, instead management chose to mislead. Not looking for a silver bullet, just cold hard facts. They hav had sidewall cores since the end of February, when they cased down to the 4800ft. They could of cherry picked the core samples and given the share holders a little color. Not a operator on the planet going to make a decision with a mud log. The sp will continue to get jerked around till they give something of significance. Hard to understand why management would choose to mislead. Instead of putting the shorts too bed they are giving them more time. I guess it's to much to ask the management to be forthright. It's going to a long rest of the year. Good day
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