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 > Oil action is OFFSHORE

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Post by deepoil0808on Aug 14, 2021 10:33am

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Post# 33706010

Oil action is OFFSHORE

The oil action is offshore Nambia and its surrounding Africian countries, where you have source rocks feeding the basins offshore.

Is there going to be any oil left that could possibly migrate to the Kavango basin as it is far away?

The only evidence we have onland Nambia is that Shell was not successful onshore with its well STP-1 in the Owambo basin that is next to us.

You do not need to be a geolgist to question as to whether we are drilling in the right basin.

I would drilled offshore.

https://news.cision.com/africa-oil-corp/r/africa-oil-announces-the-entry-of-shell-oil-into-two-existing-blocks-and-the-signing-of-a-new-block-,c3230834