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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 gasoholicon Apr 07, 2021 6:49pm
242 Views
Post# 32954192

RE:RE:Latest Corporate News Bulletin

RE:RE:Latest Corporate News BulletinFraccing may not be easy. Looking at the map there is very little green anywhere near. The Cubango River has a flow which varies seasonally from 350 to 1000 m3 per hour. A horizontal frac requires 10,000 m3 or more per well, an old style verticle frac considerably less. The Cubanfo flow is so low it doesn't even reach the ocean and ends evaporating in an elluvial swamp. So not impossible but it would sure cost a lot to get water to the site. Sand is plentiful at least but it may not be suitable for fraccing. I wouldn't infer too much on the hiring you speak of. They have to prepare for success even if they fail.
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