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).

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Reconnaissance Energy (Africa) Ltd > Two difficult drill holes

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Comment by deepoil0808on Aug 11, 2021 11:32am

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Post# 33684903

RE:RE:Two difficult drill holes

Stop misleading people. Limited drilling had to do with faults and not oil.

This is what Evans said:

SE: The wells were permitted to the conservative maximum depth that the drill rig could achieve. As the first wells in this basin and the nearest control well over 375km away, we wanted to be able to drill as deep as we could safely and not ask for new permits...... After drilling ................. the frequency of potential faults began to increase, so to be safe we called an early total depth.