Reconnaissance Energy (Africa) Ltd V.RECO

From another board.....

[Wotan13]

$RECAF From the latest news release: Once the results of the vertical seismic profile and 2D seismic data on the 6-2 well are complete, the Company will make a decision on production testing. Correct me if I am wrong but I think we may know very soon if a production test will be in order, perhaps a couple weeks or less. It is clearly a possibility according to the above statement. I mean, how long does a VSP take? The surrounding area near the 1st well may have already been 2d surveyed so all that would be needed is a vibrosis truck returning to the well for a bit of thumping. Flow testing could begin before the September conferences! That would be a BIG catalyst, would it not?

[TurnToTheRight]

I very much doubt that it will be that quick. I would guess that they will complete the 2D seismic, pick the best possible location based on all available data (2D, VSP, correlation to cores and logs) and drill a new well to production test. RECO will want the best possible production numbers to trot out to potential JV parties or partners, and not just good numbers from an existing well.

[Sandpoint]

They have stated in PR and in the release last night that end of October for the the seismic to be all done and analyzed. By the time they pick the site, get it prepared and moved the drill to the site, I figure drilling starting a december, with result early in 2022. I suspect they will take their time to make sure they get things done right. 

[headtotoeinthe6]

From what I understood of 2D seismic process, they can gather and begin processing data, daily. So in theory they don't have to finish the 450km program in its entirety to locate the best site for a production testing well. I would assume they could identify a suitable location with just 50% of 2D seismic program done. Seems to depend on how quickly and accurately the information can be

[crude]

From the NR - Please read - states when they will re-enter the well for PRODUCTION testing ,this could be any day Once the results of the vertical seismic profile and 2D seismic data on the 6-2 well are complete, the Company will make a decision on production testing.