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Bullboard - Stock Discussion Forum 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... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > New Wood Mackenzie report on company website
View:
Post by hhlfan on Dec 26, 2020 12:24am

New Wood Mackenzie report on company website

There's a new report by the highly esteemed Wood Mackenzie firm, unde the Operations tab, entitled:  "Kavango Basin Review & Global Benchmarking."
Comment by fredo1 on Dec 26, 2020 8:15pm
Is there a link? If not, can you summarize? WM is the Investor bible on oil and gas.
Comment by hhlfan on Dec 26, 2020 9:00pm
Link:  https://reconafrica.com/wp-content/uploads/Wood-Mac-Kavango-Basin-and-Global-Benchmarking-Nov-2020.pdf
Comment by teheran10 on Dec 26, 2020 8:22pm
Kindly summarize it please. Sorry for being too lazy. Thank you. 
Comment by hhlfan on Dec 26, 2020 9:01pm
The summary is that if they may a sizeable conventional oil find (fracking is not planned), the share price is going to increase by multiples.
Comment by crude on Dec 27, 2020 12:18pm
NO FRAC -The company has stated ,from the begining ,this is a conventional oil program. It is only the ennviro- propaganda that has ever mentioned anything different. They are not above lying to raise money for their cause, as they usually do.   The benifits of this project will draw merit to it going forward best o' luck
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