Question for geologists or for oil expertsSteinke stated in an interview with Oilprice that log and core analysis from 3rd parties will be released at end of July 2021 from hole 6-2.
For those of us whom are not geologists or oil experts, can you put in layman terms what is to be expected as results that are favorable for this oil project, for example, Jarvie said: ====================================================================================
Good source rocks have not only good TOC values (say 2-7%) but also high hydrogen content in the organic carbon.
For my numbers on Recon, I only used a hydrogen content of 358 (mg/g), which is very conservative based on the rock I’ve seen from the Owambo basin.
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If someone can list a series of points that must be met on the logs and core data for it to be favorable to RECO. It would be easier to understand for the normal layman when news is released.
Oilprice website said that there is alot of money on the sidelines waiting to invest into RECO but this money wants to wait for logs and core date analysis published from third parties.
Thanks in advance,
mpo