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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

Reconnaissance Energy (Africa) Ltd > I thought this well was going to 30,000 feet.
View:
Post by judomacca on Jul 06, 2021 8:44pm

I thought this well was going to 30,000 feet.

Now they seem to be stopping at 12,000 feet. Did they ever explain the reason for stopping rather than drilling to full depth
Comment by grenouille on Jul 06, 2021 8:56pm
as far as i know, it was always planned for 12,000'  that's near the drill rig's rated capacity.
Comment by judomacca on Jul 06, 2021 11:47pm
Thank you Cali61 for the information, I didn't know what the drilling depth was and appreciate the information. Coryb I think you are an ah.
Comment by GoldenEra on Jul 07, 2021 12:45am
This post has been removed in accordance with Community Policy
Comment by Cali61 on Jul 06, 2021 11:09pm
They never planned to drill beyond 12,500 feet. This is only a stratigraphic test well. The basin itself is what is 30,000 + feet.
Comment by CoreyB on Jul 06, 2021 11:25pm
Uhhh the average well depth is 5000-7500 feet, what on earth would possess you to spew this garbage about 30,000 feet? 
Comment by crude on Jul 07, 2021 8:48am
CoreyB - Operations With the first string of casing set and cemented in the 6-1 well, the Company owned and operated 1000 HP rig ( Jarvie -1) is drilling ahead to a target depth of 3,800 meters (12,500 feet). The 6-1 well is designed to evaluate the petroleum systems discovered in the first well (6-2) in an area of maximum thickness. These first two wells are within one of five ...more  
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