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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

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Post by geomanx02 on Dec 22, 2022 4:31pm

Failure to Date

Recaf appears to be doing everything backwards...drill wells first and then shoot seis and then do aerogravity to determine why their dartboard well selection is a failure.

Without a doubt, aeromag is far superior to aerogravity.  Have wondered why they have not deployed an aerial survey beofre drilling and/or seismic.

Not sure they have a real geologist on thier staff as it's one goof after another. Almost laughable except they are pixxing off OPM!!
Comment by pacer001 on Dec 22, 2022 5:04pm
Agree geo. This all seemed real bizarre to me but am glad to find out that I am not alone.
Comment by jimgeorge on Dec 22, 2022 6:00pm
Lol!  You hit the nail on the head!  The sequence should be: gravity, then seismic, then drilling!
Comment by Yo_Dog on Dec 22, 2022 6:25pm
And they had the cash to do that program. Maybe we should send them a memo... Everything before drilling is cheaper and de-risks the targets. 
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