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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 > Reco: This is conventional oil play - Oil are in the rocks
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Post by Hiddensecrets on Jul 06, 2021 9:45am

Reco: This is conventional oil play - Oil are in the rocks

My understanding is that if there are hydrocarbons in the rocks then the resistivity level to electrical flows will be high, if there was water they resistency levels would be low.

From todays interview, the geolgists confirms that the rocks are filled with hydrocarbons and that it is a conventional oil play.   He is sure of this. 

Common logic tells me that a resistivity log test will therefore confirm a high number as rocks are filled with oil.

We are now moving from the phase of, Does this basin hold oil, to the next phase of How much oil does this basin have?

The fact that the two holes shows similar findings of oil shows and, that there is oil in the rocks to make it official that it is a conventional play tells me that we must have A MASSIVE AMOUNT OF OIL as we are speaking of 2 holes 16 kilometers apart, with similar showings. 

mpo
Comment by Hotshot85 on Jul 06, 2021 9:54am
determining if things are commercial at this point i think is next. we need strutural traps to contain the hydrocarbons otherwise they simply migrate away showing hints that they were there at one point but not contained.  in all recent interviews they are being very careful around this point. This is the next big catalyst 
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