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Bullboard - Stock Discussion Forum Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest... see more

TSXV:RECO - Post Discussion

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Post by cyrustg on Feb 25, 2021 7:10am

Hit Oil ?

In the press release they refer to Geomark Research as the company evaluatING the petroleum geochemistry --- they must have something to evaluate , 

Any thoughts ? Great news ?

Ciao
Comment by GoldenEra on Feb 25, 2021 8:14am
This post has been removed in accordance with Community Policy
Comment by Hiddensecrets on Feb 25, 2021 8:25am
You have three indicators that they hit oil or, expect to hit oil. The first is the Geomark Research to EVALUATE the petroleum geochemistry GeoMark Research is the preeminent geochemical laboratory, providing petroleum fluid analyses to the petroleum industry and offering a full range of source rock, oil, and gas services. The second is the decision to use casing, the main purpose which is ...more  
Comment by Buyhigheatchips on Feb 25, 2021 9:01am
Hmm!!  
Comment by crude on Feb 25, 2021 9:37am
it does take extra time to drilll through when you have to cement  through voids or fluids to prevent contamination of the core material they did indicate maby even several of these voids before starting
Comment by grenouille on Feb 25, 2021 12:11pm
HIT OIL???  i like the idea, but i don't see any real indication of that just yet.  a lot of wishful thinking and second (third?  fourth?) guessing.  i share the wishes, but they don't butter much bread (yet).
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