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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
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

Reconnaissance Energy (Africa) Ltd > 3rd Well Timing
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Comment by Oildogon Jul 21, 2021 11:14am
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Post# 33581262

RE:RE:RE:RE:RE:RE:RE:RE:RE:3rd Well Timing

RE:RE:RE:RE:RE:RE:RE:RE:RE:3rd Well Timing
jimgeorge wrote: Ok Oildog, here's some examples:

Constant reference to "working petroleum system" and "active petroleum system" - the adjectives "working" and "active" have no technical meaning. It's either a petroleum system or it's not. These adjectives imply a higher grade of petroleum system has been discovered.

Describing the logging and sidewall coring program as being designed to "maximize petroleum recovery" - this implies that recoverable petroleum has already been established and the logging and coring programs are simply going to "maximize" the recovery. These programs will actually provide additional data to analyze shows from the mud logs and samples seen while drilling. "Recoverable petroleum" can only be established when a producing well is on onstream.

Rhis juicy quote was in Recon's answer to the Viceroy report:

This is not to say that Kavango is the same as the Middle East, but some structures there–the Zagros in particular—are similar to what we suspect we have drilled into in the Kavango Sedimentary Basin.

This is completely ridiculous, couldn't be more misleading.

There are many more examples...
 


How would you have any idea of what they drilled into. Why could it not be the same as the Zagros. 
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