3rd Well TimingJimmyGeorge said since he is a know all geophysisist that they will not be able to determine the location of the 3rd well until 2d seismic is complete. This is simply wrong, as Scot Evans contradicted this in an interview. I double checked this with Grayson Anderson from IR and here is our exchange:
Hi Grayson
Thanks for all the info you give to us stockholders! It's very helpful to us all. Just wondering if there is a guess as to when the 3rd well will be spud? Will it begin before 2d seismic is complete? Thank you as always!
Thank you for your continued interest in and support of ReconAfrica.
We are looking at acquiring some 2D seismic around where the third well will be drilled before we set forth in drilling it. This makes the most sense from a technical perspective and will lead to the most value to be added for shareholders.
We hope that helps. Please feel free to reach out should you require anything further.
Best Regards,
Reconnaissance Energy Africa Ltd.
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Please note JimmyGeorge aka "Mr. Know it all, I'm a geophysisist" "some 2d seismic around where the 3rd well will be drilled" They are not going to wait until seismic is complete before identifying and spudding the 3rd well. BTY, they are going to be using 3 tractors to do the seismic. Why you don't think that they can pull the daily readings from one of the locations and compile that in a short while is beyond me, Mr. "expert".
It's interesting how you twisted my earlier statement about retrieving the data daily and inferred that I was saying they would use one day's info to decide on the placement of the 3rd well.
If you are here to correct misleading statements, maybe you start with your own! A qiuck way to do that would be to just quit posting here.