Reconnaissance Energy (Africa) Ltd V.RECO

the best is yet to come !

[Yolostar]

...from oilprice.com Spencer Hohan, a petroleum engineer, commented on Yahoo: As a Petroleum Engineer of 40 years now, having spent a career with major oil companies, and smaller independents, it's hard to emphasize how rare it is for something like this to be a hit on the first penetration well drilled based primarily on a geomagnetic survey. This is astounding. If the second well shows anywhere near similar geophysical properties, and further confirms the basin structure, this could easily be worth more than a hundred times its current price. Sorry, shorts. You'd best cover today, or you are bankrupt. And it may be too late already

[teheran10]

God Bless for this comment. There are a few of us who think like you do. 

[Matteo1234]

Now, of course, there will be a lot of true believers, but Oilprice readers got there first for what may be the big rewards that some say only come around a few times in your investing career. 

[Matteo1234]

Second Well results out soon...In accordance with its contractual obligation to the Ministry of Mines and Energy, ReconAfrica has achieved total depth on the 6-2 well, the first well of a three well drilling program in the deep Kavango basin. This stratigraphic test well has accomplished all the goals ReconAfrica set for it which includes the acquisition of an abundance of whole and sidewall core

[Kyodai]

"Second Well results out soon." When can we expect these results? Maybe May/June?

[Matteo1234]

Company says late April for 2nd well results

[Ca01an]

They have said they are starting the second well in late April, probably won't finish it until June