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 > Why only drilled to 6, 858 feet down?

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Comment by rexdunxon Aug 30, 2022 9:07pm

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Post# 34931275

RE:RE:RE:RE:RE:RE:Why only drilled to 6, 858 feet down?

Oh it's a good sign all right and there are plenty of people stuck in this right now with huge short positions. I guess keep that in mind when reading these boards. If we look at the time period between the 6-2 well TD NR and the follow up data NR releasing , well they have about a week to cover. They hit all geological targets :) Sounds "quite prospective" ;) Good luck!

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