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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 May 06, 2021 11:45pm
356 Views
Post# 33150015

RE:RE:RE:RE:RE:RE:Funds might be used for BOTSWANA drilling

RE:RE:RE:RE:RE:RE:Funds might be used for BOTSWANA drilling@Hiddensecrets, aero mag is inferior to seismic, and seismic alone can't be used to create reservoir models, you need logging data and more wells to iteratively calibrate and refine the reservoir models. Aero mag is not sufficient to accurately determine reservoir properties like porosity, permeability, hydrocarbon content or type, or reservoir homogeneity - you know all the characteristics you need to accurately determine drilling locations and produce economic viability analysis. So please stop giving your opinion on these topics when you have no clue on what's going on; after all, you're the one that argued there was oil because elephants roamed the kalahari (not how oil is formed).
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