RE:16 Large Fold Structures in the DamaraLet's try to use a little critical thinking here...a few months ago, seismic and their wildly successful "active petroleum system" wells indicated a massive opportunity in the Karoo Rift Basin. Now it's the Damara fold belt...what will it be by next year?
You really have to read between the lines in their press releases. Recon made it clear that their first wells have been failures as they scrap the 5-1 well location and do a quick 180, moving on to the next "massive opportunity".