Reconnaissance Energy (Africa) Ltd V.RECO

Where are the two world-renowned petrophysicists??

[Oregonduck]

We knew Granath had resigned as Director. What happened to Dan Jarvie who was involved pre-merger in Reconnaissance Oil Corp.? He stated that Mexico has over 300 bn boe of shale oil in place, and Namibia has 120 bn boe of original oil in ground. Funny nothing said by him about the last 8-2 well results. Could be the oil are trapped in "tight" rocks just like in Mexico. Needs proof of conventional oil from data on porosity, flow test etc. Total or Shell have not been constrained by Namcor in publishing their so-called "tight" holes.

[minigoon]

 I was a 1.4 million share holder in ROE ( Renaissance ) in Mexico, from what i know they drilled their 14 or 15 vertical wells and were producing about 1500 boe, they spent about 45 million, all according to the contract.  The last well they drilled was a vertical well on the land package to comfirm if the formations  deeper ( Eagleford ) came south from the Mexico/USA border. On

[Bpultra]

======================= So what excalty are you saying the guys running reco are idiots or ? 

[Moemoney42]

Hey there BP.. I see you're still in RECO.. not good results today though.. should have stayed with CPG my friend.. hope you still have some of those self made divi's to fall back on?

[Bpultra]

================= Thats an understatment .... LOL  working through the mess ... nice to hear from you again !!! 

[Moemoney42]

Yup this oil investing isn't for the faint of heart.. although you're getting some tradeable swings now.. FWIW..???

[pacer001]

There are a lot more missing Recafers too it seems!

[Ebenizer3]

roe drilled 18 wells for pemex, the 17 wells were drilled into the chicontepec formation for pemex under a service contract which means roe was supposed to get paid for the work performed, the 18th well was drilled 11,500ft to test shale which they drilled successfully and flowed tested two zones. Google renaissance oil corp investor presentation from June 2020, it's still floating around out