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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 Jul 02, 2021 3:20pm
334 Views
Post# 33485382

RE:Is it possible ...

RE:Is it possible ...Extremely unlikely that the maintenance was caused from a kick. The kick would need to be very violent to damage the rig - like causing the pipe to hydraulic out of the hole (the reservoir pressure pushes the drill pipe out of the hole). A kick that violent would mean huge issues for the well integrity and environmental state of the lease (a very big spill). And the other risk would be a kick occurring with pipe out of the hole, that would require snubbing to get under control, and we would have likely heard about that because additional equipment would be needed to be mobilized and likely would not have been done over a week. If a kick was in the well, they would likely deal with it prior to shutting down for maintenance. Sitting with pipe out of the hole and an influx in the wellbore is a recipe for disaster. 
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