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Bullboard - Stock Discussion Forum
Reconnaissance Energy (Africa) Ltd
V.RECO
Alternate Symbol(s):
RECAF
|
V.RECO.WT
|
RCNWF
Energy
Metals & Mining
Oil & Gas E&P
Industrial Metals & Minerals
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).
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TSXV:RECO - Post Discussion
Reconnaissance Energy (Africa) Ltd
> How far between 6.2 now to 6.1 ??
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Moneycat
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Post by
Moneycat
on Jun 04, 2021 12:34pm
How far between 6.2 now to 6.1 ??
What is the chance of Hydrocarbons between the whole distance ??
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•••
doggiestyle
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Comment by
doggiestyle
on Jun 04, 2021 12:59pm
I will take a crack at answering this based on what I read (although I am not in the Oil business so this is very much in laymens terms). The chance that hydrocarbons exist across the whole sub basin is very high (in fact likely now based on their latest findings/news release from 6-1) but what they are looking for next will be the structures with a cap that will produce the right conditions
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