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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

View:
Post by peterj99 on Jan 04, 2022 2:17pm

the Rig

I hope they remember where they left it LOL

I am a believer and know that at some point they will have to drill.
I am "long" and will hold.
Double digits soon and triple if the find conventional oil (my guess)
Go RECO Go 
Comment by pacer001 on Jan 04, 2022 3:08pm
Peterjj, you serious? They lost the rig? Our only one?
Comment by peterj99 on Jan 04, 2022 4:59pm
I think they must have drawn a map of that area before shutting down or at least made a big X in the sand LOL. But they can always fly in a metal detector from Houston. I hope there are no leptospirillum ferriphilum in Namibia though
Comment by cyrustg on Jan 05, 2022 12:31pm
Probably moved to location for well # 3 and has been drilling on the QT for the last 2-3 weeks. JMHO Ciao
Comment by pacer001 on Jan 05, 2022 4:20pm
Cyrus, I agree with you that they might be drilling on the QT. They may have even drilled more than they have been reporting because the way I read a report CEO Evans bought a fair amount of shares - note "bought" - not granted - in October. So it seems he is "putting his money where his mouth is".
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