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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 Bpultraon Jul 02, 2021 1:38pm
359 Views
Post# 33485053

RE:Is it possible ...

RE:Is it possible ...
Zoolanders21 wrote: That the rig shut down for maintenance was caused by hitting a pressurized reservoir? Not enough pressure for a full blow out but enough to cause rig problems that required a shut down. I am not an experienced driller or have much oil exploration experience so thought I woud ask the experts here? GLTA

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Anything is possible but I doubt it.... normal repairs and maintenance and also water license had to be dealt with .. which it has been and also drill is back drilling last week already 

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