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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

Post by GeoSkepticon Mar 13, 2023 2:09pm
255 Views
Post# 35335371

eFTG and Wisdom 5-1 well.

eFTG and Wisdom 5-1 well.

What are people here expecting from this eFTG survey? (Other than pretty coloured pictures?)

What are people expecting from the 5-1 well - if they actually get around to drilling this well?

How do people think that the company will deal with monies owed in Mexico for the former Renaissance Operations there?

Has anyone anywhere found commercial oil in the Snowball Earth sediments of the Otavi that are supposedly the target in the Damara fold belt that has been assigned 3 exploratory wells - subject to new financing of course.

Why does the Company not release any details of the 6-1 well they drilled so long ago now? There are well logs, mud gas logs, cores, sidewall cores. 

How is that data room and JV Farm out process going? Are these high priced consutants and companies earning their daily bread? If so - what news do they bring the shareholders here?

Questions. No answers. Just crickets and vague promises of "something."

 

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