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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 > RECAf Tight Holing Shareholders
View:
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 montreal10 on Jul 30, 2021 10:56am
Agree with you on the fact that they haven't released any hard data and as they own all the basin, nothing should stop them from doing so..quiet the opposite , it is at their advantage to be public about it and specially that they know we are being attacked by shorts legally and illegally...you know that too, you are one of them. where i disagree with you is your own speculation that they must ...more  
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 TurnToTheRight on Jul 30, 2021 11:00am
@geomanx02 - your BreX analogy and overall rationale has to be one of the stupid posts I have read, and grossly incorrect at that. BreX involved tainted cores, they were released to the public, we're just fraudulently altered to show gold, and that's why the stock popped, so your analogy doesn't hold up.    Secondly, have you ever read a JOA (joint operating agreement), ...more  
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. 
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