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Bullboard - Stock Discussion Forum
Reconnaissance Energy (Africa) Ltd
V.RECO
Alternate Symbol(s):
RECAF
|
V.RECO.WT
|
RCNWF
Energy
Metals & Mining
Oil & Gas E&P
Industrial Metals & Minerals
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...
Botswana over the Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).
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TSXV:RECO - Post Discussion
Reconnaissance Energy (Africa) Ltd
> Do they analyze as they receive data ?
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Galaxym31
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Post by
Galaxym31
on Oct 15, 2021 10:38am
Do they analyze as they receive data ?
.
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Ebenizer3
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Comment by
Ebenizer3
on Oct 15, 2021 1:18pm
the only thing seismic is going to generate is drill locations, and then the wait for well #3, whether it's in the same basin or not will be interesting. My bet is the 2-7.
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AUborealis
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Comment by
AUborealis
on Oct 15, 2021 1:23pm
Absolutely. You could tell by Scot's body language in the recent video. He even mentioned the possibility of tweaking the next drilling location. All good. $18 then $26 according to Haywood...as they 'partner' in a major. And those targets could be adjusted higher based on this first 'set' of 2D. There's a lot more seismic to be done to 'see' all 8 million
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