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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 > It a pump and dump !
View:
Post by Frank007 on Oct 14, 2024 6:02pm

It a pump and dump !

Before investing in this pump and dump do you science research ....the reason the Permian eagleford Alberta Montana have hydro carbon deposits ..it's simple ...there was a large inland sea that ran from the Gulf of Mexico all the way through the continent ....for millions of years hydro carbon vegetation......for some reason people think oil is melters Dow dinosaurs ...lol ...it millions of years    ..season changing and depositing  vegitation ..pipped on top of pi,le .....check out where Rico is drilling ......it pre Cambrian rock ...no oil ....watch the ...Dec 11 presentation ...Frontera and cgx energy .........an hour long on Kawa And Wei .....will explained the process....good luck
Comment by Kyle61452 on Oct 25, 2024 11:40am
Oil is created from kerogen. Kerogen is created from organic matter. It doesn't care if that is single cell life, aquatic life, mammal, vertebrate.... anything. But it take a lot of organic mater to create an substantial amount of kerogen.... like 90 tons of organic matter for a gallon of "oil". The reason you see most petroleum systems after the Cambrian time is because that is when ...more  
Comment by horseplay on Oct 25, 2024 1:42pm
According to an article I read, this area was covered  by an ocean millions of years ago.
Comment by Kyle61452 on Oct 25, 2024 6:38pm
Yes! But don't think of it as a always or never type of thing. It's more of a "changing tide" in the scheme of geologic time! There is layers of shale which would indicate lots of water and pressure, but then limestone and dolostones which would be more like a shallow lake coast line. There was clearly plenty of scenery changes for this area over some tens or millions of years ...more  
Comment by Frank007 on Oct 25, 2024 4:15pm
I see at least you have done your homework..!    No for where  those milion years seasonal deposits were layer down ...off shore ,...the orange basin ...not th kavango basis ...lol
Comment by Kyle61452 on Oct 25, 2024 6:30pm
Frank, You most ceartainly are allowed to have your oppinions, but you should not be posting or implying you have a background in geology and then make comments like this and like ones you have. There is confirmed a confirmed petroleum system. They are just evaluating the economic feasibily and trying to located the largest traps within the system. for reference, the orange basin you brought ...more  
Comment by investor55x on Nov 21, 2024 1:19pm
This one reminds me more and more of the 8-2 thing. Why is the company delaying specific statements about drilling results? Instead this bs of 'tight hole'. If there was something very positive, wouldn't the company have announced it by now?
Comment by L.A. on Nov 21, 2024 2:47pm
I think this one is a duster, the last update they had was Oct 5 and they were at 3500m with a target  depth of 3800m This update says they have drilled to 4000m exceeding the target depth by 200 m. Surprised the share price is holding as well as it has. Mind you maybe people are waiting for the actual drilling results in an official NR. However why would they send out an operations update ...more  
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