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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 jimgeorgeon Nov 09, 2021 3:38pm
187 Views
Post# 34106422

RE:RE:RE:RE:RE:Why I hold Recaf

RE:RE:RE:RE:RE:Why I hold RecafHey BP, where did you find this seismic "interpretation"?  This is wrong on so many levels! High amplitude seismic events do not "scream hydrocarbons"!  Seismic reflector amplitudes are purely a function of rock sonic and density differences. We already know there is a mixture of carbonate and clastic layers in the first 2 wells, that should generate high amplitude seismic events without any indication of reservoir fluids (if any).

The only direct seismic indicator of hydrocarbons is an amplitude versus offset (AVO) anomaly, which is usually the result of highly porous sandstone reservoir saturated with gas. There is no direct oil indicator.

Don't take seismic interpretation advice from non-geophysicists.  I don't know where this geofantasy illustration came from but it wasn't a geophysicist.

Yours truly,
your friendly Recon Bullboard geophysicist.
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