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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 deepoil0808on Aug 15, 2021 11:17pm
191 Views
Post# 33708203

RE:RE:RE:RE:Bill Cathey - details per Zoom information

RE:RE:RE:RE:Bill Cathey - details per Zoom informationAnd where is the proof that this is a 30,000 feet basin?   I mean outside verification?

Let me guess, you will quote Bill Cathey, an employee of Reco?  Or director? or whatever?

No independent verification outside of the company to confirm this assumption of a 30,000 basin.    We are to simply accept it without a third party verification. 

All we know is that it is a +/- 9,000 foot basin based on current drilling results of hole 6-2 and 6-1 as the company could not even go to the planned depth of 12,500 feet in the deepest part of the basin.    

And you think this shallow drilling is good news?

That somehow 33% of a basin versus 100% of a basin will yeild same possible amount of oil?





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