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 > A lot of news about oil in Namibia but - no Recaf!

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Comment by Ryjo1980on Aug 17, 2022 10:21am

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Post# 34901896

RE:RE:RE:A lot of news about oil in Namibia but - no Recaf!

Non stop verbal diarrhea.

pacer001 wrote: From the web, see below. I don't know how compatible our well type is with the below but I think it may be close.

"The drilling of a modern shale well can take two to four weeks. Drilling efficiencies in recent years have generally resulted in longer laterals rather than shorter drilling times amid an industry-wide shift to horizontal wells.Mar 11, 2022