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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 TenneseeOilon Jul 01, 2021 11:42am
185 Views
Post# 33479219

RE:It doesn't get any better than this ! jmho

RE:It doesn't get any better than this ! jmhoTimberdoodle, seriously how did you post that Photo? I will admit that I'm apparently an idiot but I have some Pictures I really want to post. Including some information about how the 2D Seismic survey can provide Exponentially better Results with wells already drilled. 

One of the only decent points Viceroy Brought up that I needed to find an answer on was why they were using the Polaris 860 Machine they were using for the Seismic. Everyone said it was to keep the Environmental impact low and that is certainly true. However, apparently those Stratigraphic wells served multiple purposes and they are going to get even more information because those wells were drilled. 

I think it's important to note that I don't know if a new Basin has really been opened up using 21st century technology before. For sure the Seismic is going to help with the 2D Source Rock but enough can't be said about what kind of rift system this is. There are going to be reservoirs of either Oil and or gas. 100% Sure of it. Just a question of how much and where. 
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