Reconnaissance Energy (Africa) Ltd V.RECO

Timing of 2nd well news

[ML410Google]

Hi all, new to the conversation, just wondering based on well 1 experience, when do we anticipate news from well 2?

[headtotoeinthe6]

The company plan is to wait until all 3 wells and 2D seismic testing is complete, which in my estimations will be around September/October this year. However info might leak before then as it had with the First well’s preliminary findings - in which case we may have more info by end of June/early July. if I’m mistaken, i’m Sure someone will point it out.

[FastIroc]

Heard that before........

[hipfner]

Well 2 should be finished in two months; they haven't spud yet. Note, we've been told there will be no news until well 3 is complete and analysed. The Namibian govt. leak forced RECO to disclose minimal good news from Well 1.  So time will tell whether they can keep news secret until Well 3 done.

[teheran10]

I believe that all new material info will be released as it comes. No secrets now, we all know there is a pool of oil, now we just need to find out how much of it there is.  Seismic, Well 2,3, follow up on LOI with ROE, all might be released as it comes. Plus if any talks are going on with Major, this might be released at any time too. I am TELLING YOU GUYS, some of you sold because bashers

[Letsmake1]