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Reconnaissance Energy (Africa) Ltd RECAF


Primary Symbol: V.RECO Alternate Symbol(s):  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 Kyle61452on Oct 25, 2024 11:40am
134 Views
Post# 36282104

RE:It a pump and dump !

RE:It a pump and dump !

Oil is created from kerogen. Kerogen is created from organic matter. It doesn't care if that is single cell life, aquatic life, mammal, vertebrate.... anything. But it take a lot of organic mater to create an substantial amount of kerogen.... like 90 tons of organic matter for a gallon of "oil". The reason you see most petroleum systems after the Cambrian time is because that is when life evolved from single cell life. It wasn't until the Silurian era that land life started. Hence a more abundance of organic matter! Anything after the Silurian era has good potential for a petroleum system. The zones that have target with source rocks are in the Mississippian, penslvsnian, and Permian time zones. They will drill beyond that down to pre Cambrian for getting the lithographic mapping completed. 

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