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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 Ebenizer3on Oct 24, 2021 11:05am
337 Views
Post# 34041910

RE:RE:RE:When is RECAF drilling wells 3 and 4?

RE:RE:RE:When is RECAF drilling wells 3 and 4?yep shareholders are going to tested, unless they release some kinda good news from the 6-1, mainly that they find a good amount of Permian(or other)aged source rock the original thesis is a big question mark. 6-2 drilled to 7500ft no source rock but oil shows. Where as the st-1 well drilled to 6400ft had 620 ft. Would of thought that along with the early announcement of oil shows on the 6-1 that was drilled to 9100ft they would mention source rock of some kind. Guess that's why they call it exploration. well #3 is going to be the most watched well in 2022 hopefully it doesn't take them 2 months to get it done. Good luck
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