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Bullboard - Stock Discussion Forum 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... see more

TSXV:RECO - Post Discussion

View:
Post by Ssviking on May 10, 2021 7:43am

Drill

Can anyone comment on how long it takes to drill 1 hole ?
Comment by Camergar on May 10, 2021 7:53am
The second well should be finished early July if everything goes ok
Comment by Matteo1234 on May 10, 2021 8:38am
Mid June. It takes 40 days. Started May 1st.
Comment by Matteo1234 on May 10, 2021 8:52am
Unless word leeks out on Shlumberger Seismec. Cell phones on.
Comment by hydrocarbss on May 10, 2021 8:55am
This drill has differences from most drilling. Recaf owns the drill rig- no dayrate to pay. Purpose of drilling is not to get it done quickly, as with most drilling. The Company will take whole core, side-wall core and conduct a full logging suite of all zones of interest (conventional targets and source rocks). The drilling is being watched:  therefore being cautious is probably in the ...more  
Comment by Ssviking on May 10, 2021 9:04am
great to hear they are hiring local .
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