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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest Botswana over the Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).


TSXV:RECO - Post by User

Comment by Plus50on Mar 11, 2021 11:03pm
226 Views
Post# 32782842

RE:RE:yikes ....

RE:RE:yikes ....Thanks for telling frank what he does not know. There is a lot we dont know though or at least i dont like did they run casing to TD. If they did they would have cemented that string isolating all potential zones up to the intermiate casing so theycould be perforated into later.
Unless we know what they did downhole we are speculating. Now if the well shows nothing then  just plug and abandon with concrete. But we dont know what they did. I dont know if we can go by some tweet either. Now im used to exploration and production wells. This seems to be a different type of well just to determine if there is anything whatever down there ,  keep the info and move on.
I would invite comments to correct me if im wrong here. 
I have a small position and want to see positive results just like everyone else.
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