Post by
geomanx02 on Jul 30, 2021 10:31am
RECAf Tight Holing Shareholders
There was another junior Canadian player a number of years back that RECAF appears to be immulaitang.....anyone ever heard of BREX?
There is no reason to withhold well data from shareholders or potential major oil company partners, as there are no competitors in the basin...RECAF owns it all.
To date RECAF has not claimed a single drop of recoverable oil. Nor do they identify the geologic age of the sediments drilled to date, nor have they made mention of encountering basement in either well. No mention of potential testing, no mention of "water".....every reservoir has water.
BTW...Fresh water gives the same well log response as hydrocarbons, as does tar deposits, which may expalin the lack of information.
No information means something is up seeing as how heavily RECAF "pumped" this project prior to drilling.
The silence from RECAF management is deafing........
JMO's
Comment by
teheran10 on Jul 30, 2021 10:40am
I am ONLY hoping that you comprehand what you are saying. Pure madness but I am glad you included the dislaimer JMO.
Comment by
yrmac on Jul 30, 2021 11:20am
His last post was in 2019 Another Jimgeorges
Comment by
Galaxym31 on Jul 30, 2021 11:31am
Implying a company is corrupt by association re : BREX seems slanderous JMO might not cover your legal liability .
Comment by
NameOfTheGame on Jul 30, 2021 12:43pm
I believe the company has to seek admin approval before releasing well data. Also. Logging data does indicate percentage of hydrocarbons vs. %Ws. If you want me to share some knowledge bases on the matter. Let me know, I am an engineer in this field with a decent amount of knowledge on petroleum geology.