Reconnaissance Energy (Africa) Ltd V.RECO

Wisdom 5-1 Well

[Oregonduck]

To be drilled in different part of the Karoo rift extending from South Africa. There is no oil in South Africa and Namibia onshore hosts mostly shale oil according to Sproute's own initial report, and Dan Jarvie stating there are 120 billion barrels of original oil in place in the Kavango basin. Unfortunately, 8-2 well is non-commercial and 6-2 and 6-1 have drilled into an active petroleum system but likely trapped in shale rocks.

Just like in Mexico, Dan Jarvie who is the world-renowned petrochemist at RECO & Recon Oil (ROE) said it hosts some 300 billion barrels of shale oil.

ReconAfrica has so far found no commercial conventional free-flowing oil. Looks like the game is up after the money runs out drilling blind. 

Namibia licence does not allow shale oil production just like ROE in Mexico. ReconAfrica management is accused of pumping up the stock on misrepresentation with a scienter to deceive the investing market by fraud.

[Frank007]

Shale oil......this a big con ...to understand how shale oil forms just like the Permian ....year after year for millions of years vegetation sink to the bottom of a sea or lake the is oxygen deprived.....the the silt covers it each year......think about all your leaves falling on the ground and not rotting away ....this is how shale oil is produced over millions of years ....condition must be

[Wynjoe]

If the Class action lawsuit is proven in court that reco pumped this stock with falsehoods,whether they find oil or not RECO WILL GO BANKRUPT. If this is another similar briex scandal, i pity shareholders, they get zilch. If they are proposing twelve more exploratory wells,where's the money coming from     you guessed it ...DILUTION LIKE YOU NEVER SEEN BEFORE.,however I doubt if

[Yo_Dog]

Mr Duck Hard to determine if there is any flowing oil in 6-2 and 6-1 since the rig drilling those did not drill a well capable of flow testing, as I understand it.  I don't know the history of Jarvie, but I hope you are wrong or stretching the truth on the MX oil.  I'm still concerned with the fact that the very positive news article wherein Grayson was talking about the