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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 TurnToTheRighton Mar 17, 2021 1:09pm
342 Views
Post# 32817243

RE:RE:RE:RE:RE:RE:Silence from RECO

RE:RE:RE:RE:RE:RE:Silence from RECOWhy is that so hard to believe. The drilling fluid in the well bore exerts a greater pressure than the formation and therefore there is no influx of formation fluid. The stick diagram of the well, at least in Alberta, must indicate anticipated pore pressures of every formation drilled through, but that is hardly indicative of the chances of fluid influx from the formation as long as the well remains overbalance (1 kg/m3 or 1000 kg/m3 overbalance will both prevent fluid influx the same amonut - but there are issues around severley overbalancing the drilling fluid). They are drilling with water based mud, to better facilitate logging and formation evaluation, so they definately want to keep any formation hydrocarbons out of the fluid. They're not putting their heads in the sand, they just don't have the education or information to know exactly what was found.

I've drilled many SAGD horizontal well pairs through 1500m (~4500 feet) of oil sands, and there is almost no sheen to the water based drilling fluid (you use encapsolators to prevent oil contamination and mud rings from occuring).

And no one should ever make suppositions based on human behavior!
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