Post by
cyrustg on Sep 22, 2021 7:54am
London
London conference up and running. Today and tommorrow should be great for Reco .Lots of exposure and possible JV talks with the majors. Shell would be a good fit. They had to dump their Permian assets due to their gov't mandating a reduction in green house gas production.All that fracking had to go. They now have billions to reinvest in other production. Our land is like the early Permian in that there was no fracking for decades required to get the oil. Let's get a deal !!!JMHO
Ciao
Comment by
GoldenEra on Sep 22, 2021 9:10am
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Comment by
Bpultra on Sep 22, 2021 1:43pm
transcript here https://discord.com/channels/847292201461350520/866012930978217985
Comment by
Bpultra on Sep 22, 2021 1:45pm
does this work https://cdn.discordapp.com/attachments/865679362828533820/890278567575953498/20210922_-_Presentation_Scot_Evans_-_Africa_EP_Summit_2021_-_Encore_ReconAfrica_unofficial_transcrip.pdf
Comment by
jimgeorge on Sep 22, 2021 7:37pm
Thanks BP, it does work. The presentation is a good summary of what they have already released. Nothing new, this presentation really shouldn't have any impact on the share price. I still think Scot is exaggerating the potential of the "testable" zones, they look pretty wet to me.
Comment by
CammerRec on Sep 23, 2021 1:47am
Totally agree cyrustg! The majors are under pressure from the environmentalists to be more "green" and are divesting high profile assets to appear so. It is complicated, but they are thus flush with cash and we would be an excellent bet for major returns to make up for the divesture losses.