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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 RawSiennaon Apr 28, 2023 11:27am
165 Views
Post# 35419241

RE:New article from Jim Granath and Ansgar Wanke on Reco

RE:New article from Jim Granath and Ansgar Wanke on Reco
Hydrocarbon shows
The Kawe well intersected the Upper Karoo stratigraphy as expected, and from about 740 m below surface hydrocarbon shows were reported as the drill bit made its way into the Lower Permian Karoo sandstones and shales. Interestingly, light hydrocarbon fluid indicators were stronger than associated gases, and hydrocarbon shows continued into the pre-Karoo stratigraphy. Flow test and downhole fluid sampling tools were not on location as the well was permitted and planned only as a stratigraphic test. Fortunately, the wireline logs, closely spaced cuttings samples and over 180 rotary sidewall cores provided a wealth of information to better understand the newly discovered rift basin with an associated petroleum system.
 
A second Kavango well (Mbambi) was drilled in the same year. Mbambi also encountered strong gas and fluid indicators over long intervals, but it intersected only 630 m of Mesozoic-Cenozoic basin fill resting on deformed pre-Karoo carbonate and evaporite lithologies. In parallel, surface analyses indicated geochemical anomalies at both well locations, and an active hydrocarbon seep was discovered in the western portion of the licence block.

Third well
 
Makandina was drilled between the end of June and mid-August 2022. As predicted by a nearby seismic line, this third well penetrated an expanded Permian Karoo section, and it encountered light hydrocarbons including gas liquids. It provided crucial stratigraphic and structural information, but the well was not deemed to be commercial. The seismic interpretation had located the Makandina well on a locally defined structure within a Karoo graben, only 6 km west of the first well.

The next step
 
In summary, the ReconAfrica exploration program has confirmed the initial play concept of a Permian rift basin in northeast Namibia, with indicators of migrated petroleum. It has also identified a Damara Fold and Thrust Belt play. The company is now completing its regional seismic program alongside the start of acquisition of the eFTG survey and the next well. All will add to the data required to further advance our knowledge of this newly explored basin, and hopefully identify commercial hydrocarbon accumulations.

 

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