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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 > Is it possible ...
View:
Post by Zoolanders21 on Jul 02, 2021 1:19pm

Is it possible ...

That the rig shut down for maintenance was caused by hitting a pressurized reservoir? Not enough pressure for a full blow out but enough to cause rig problems that required a shut down. I am not an experienced driller or have much oil exploration experience so thought I woud ask the experts here? GLTA
Comment by Bpultra on Jul 02, 2021 1:38pm
============== Anything is possible but I doubt it.... normal repairs and maintenance and also water license had to be dealt with .. which it has been and also drill is back drilling last week already 
Comment by crude on Jul 02, 2021 1:55pm
2D could prove -CONNECTIVITY - 16 klm of oil  !!!!!!!!!!!!!!!!!!!!!!!!!!!!
Comment by montreal10 on Jul 02, 2021 2:23pm
Indeed, or otherwise said, it could prove a "river of oil "
Comment by TurnToTheRight on Jul 02, 2021 3:20pm
Extremely unlikely that the maintenance was caused from a kick. The kick would need to be very violent to damage the rig - like causing the pipe to hydraulic out of the hole (the reservoir pressure pushes the drill pipe out of the hole). A kick that violent would mean huge issues for the well integrity and environmental state of the lease (a very big spill). And the other risk would be a kick ...more  
Comment by Timberdoodle on Jul 02, 2021 3:37pm
Given increasing attention stakes and timelines do you think they will eventually need a second rig to prevent a fortuitous event or operational problem causing delay  ?
Comment by FastIroc on Jul 02, 2021 4:35pm
Seems like a lot of people have trouble with the word maintance.. Like taking a day to overview condition of vital parts, thighten loose ends, checking hydraulic leaks, straps or whatever...... You never do maintenance on your cars ? Like before winter? (Well if you are canadian !) Same thing..... Check mecanic before it breaks in crucial times
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