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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 > Modified seismic route
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Post by Flintstone60 on Mar 15, 2021 5:46am

Modified seismic route

From Stocktwits:
$RECAF I won’t be surprised if we learn that hole #3 gets drilled between #1 and #2. The company has now decided to run 2d seismic between these holes. This type of survey is used to target underground traps that contain oil. That could be when our share price blows open, although it may happen even sooner if people start putting things together.


$RECAF $RECAF the company has labelled the seismic routes using a numbering system that starts in the north west. The route that runs between the two wells is clearly an afterthought. Check it out for yourself.
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$RECAF $RECAF the company has labelled the seismic routes using a numbering system that starts in the north west. The route that runs between the two wells is clearly an afterthought. Check it out for yourself.
Comment by GorgeousGeorge1 on Mar 15, 2021 7:09am
Yeah that is interesting. His other posts are worth reading also. Talks about spending two weeks building an 8 mile road through scrub between the two drill sites as opposed to just using the existing 40 miles of road that's already suitable for transporting the rig. Suggesting the company plans to be in the area for a while after the 2 drills. Decent point I think
Comment by Ebenizer3 on Mar 15, 2021 10:16am
apparently reco doesn't have to follow the eia and emp. u can't dig up a scrub much less build an 8 mile road. where all the greenies complaining bout tearing up the country side. Itrade said the exercising of warrants ended last Friday. Speculation until we hear from management. Good luck
Comment by Banker67 on Mar 15, 2021 1:44pm
18th
Comment by teheran10 on Mar 15, 2021 2:19pm
It will be an EPIC discovery after all 
Comment by FastIroc on Mar 15, 2021 9:33pm
So you think another month until we see some kind of results ?
Comment by Turned2Gold on Mar 15, 2021 10:11pm
I would not anticipate any results before late May if they run a two well program and late June if they drill all three.They need to shoot and interpret some of the 2d seismic work before deciding on a location for well #3 so this could easily add another month. 
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