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Reconnaissance Energy Africa Ltd. (RECO.V)

TSXV - TSXV Real Time Price. Currency in CAD
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6.12-0.04 (-0.65%)
At close: 3:59PM EDT
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  • M
    Michael
    Tick tock tick tock tick tock. Come on Reco, please spare us all the ongoing suspense. Let's hear something positive please, we're all waiting patiently.
  • G
    Greg
    I will try this again. It's nice to see Recon Africa up there with all of those other big companies. http://wam.ae/en/details/1395302982729
  • M
    Michael
    How many commercially recoverable billions of barrels of oil do we think there are? How cool would it be if there over 30bn 🤠🤠🤠
  • G
    Greg
    I am not sure why this link was deleted from someone's earlier post. Page 9 mentions Recon Africa. There is another section about Africa on page 6 that mentions some of the offshore activity in Namibia. https://assets.geoexpro.com/uploads/d6cfbd51-014a-4dc8-ac26-325b6a0364f3/Geoscience_Magazine_GEO_ExPro_v18i5_web%20v2.pdf?fbclid=IwAR1FiuSujnlZsg91HDzspX857wm1Q6HQCLzugXGK5enSDULCBfgD__iPR2A
  • P
    Philippe
    My thoughts on the situation and near future:
    Very soon the 2D Seismic will definitely show the trap which has the best
    location and data to drill the third well, an exploration well. The traps are
    the pay zones which contain the cheapest and best quality oil,
    As neither the Aeromag nor the 2D seismic is able to SEE oil, the exploration
    well is needed to confirm the presence of oil.
    A fourth appraisal well thereafter will tell how much oil there is in the trap.
    Using all the data together and extrapolated to the gigantic basin, the analyses
    will determine how much commercial oil there is in the Kavango Basin.
    After that, a production test well, signed JV's and an uplisting will be a piece
    of a cake.
    Scot Evans showed a price of 850 usd per acre when oil is confirmed but not
    developed, which is 32 usd per share. At full speed he's talking about 20,000
    usd per acre.
    Let's hear what Dr. Granath has to say next week.
  • A
    Anonymous
    I really hope this this makes us all rich, it could certainly help my family. Im trying to temper my expectations as Ive been burned before. If there is 30b in oil reserves, does this thing move exponentially ?
    Bullish
  • A
    Anonymous
    we all are waiting for the next RECAF report, lol.
  • G
    Gary
    This release of data doesn't look like it will come until next year even though the seismic program will be done in the next few weeks so I would just say that patience is requisite

    The company provides market updates when we have material information to release. As previously noted we expect to be have the acquisition and processing of the 2D seismic program completed by the end of October (it was noted in a tweet from the company last week that acquisition was 95% complete). We will also have started on the interpretation so that we can target getting back to drilling again in December with our third well. Once all the interpretation of the 2D seismic is complete we will look to have a resource report prepared which should be done in the first half of 2022.
  • R
    Roco Rockmonovich
    We All in the Same Boat...Either Lose it all...Or become Steinke Rich!
  • M
    Michael
    Has anyone had any direct contact with investor relations, Grayson Andersen of late? I know a few posters who have been in contact before and apparently say he is pretty good at responding to messages. Clearly he isn't going to release any sensitive info but I wondered if he might elaborate more on when we can expect some more publicly released data to be made available.

    If I'm not mistaken, we still haven't had the full details / test results of the 6-1 well, which was capped a while ago now and obviously 2D seismic and third drill location are surely pending some kind of announcement soon. Surely they're not going to drill a third well without giving some insight as to how they reached that decision, which will involve needing to release some data re the 2D.

    Fingers crossed for some super positive news soon, I think all us longs need a little lift after the past few months, which has been a sustained period of silence by Reco and the usual public attacks and garbage by the msm and fuds, #go Reco, how cool would it be if Namibia and Botswana got super rich off of a huge untapped oil basin, with billions and billions of barrels of oil, and they also used that wealth to help develop and nurture their eco and natural environment. That would have all the green bed wetters frothing at the mouth 😤😄😀

    GLTA longs, Reco, the Kavango and the people of Namibia and Botswana 🙏🤞🤠
  • O
    Old Wireline Guy
    Greg - and that is coming from very rich people who fly around in private jets burning fossil fuel and have no monetary, food or housing worries at all!
    Bullish
  • D
    DC
    If I am not mistaken where they are drilling is more than a 100 miles from river delta area. HOW MANY SOLAR WATER WELLS HAS HARRY FINANCED. ZERO TOO BUSY FLYING AROUND IN HIS PRIVATE JET USING OIL BASED FUEL
  • r
    r
    Harry woke comments might have given our stock some recognition for those interested in oil stocks. All advertising, pro or con, is good for this stock.
  • j
    jon
    wildly successful
    Bullish
  • P
    Punkster
    A red day. Tomorrow looks a little green.
  • B
    Bashers
    The government and all the locals want to own the entire supply chain. Let that sink in. If you’ve invested here it’s no longer a gamble. It’s an investment in your future. Dividends. Majors buying us out. All this and more. Or you could listen to someone that calls himself a Star Trek name over World Class management at Recon. Up to you.
    Bullish
  • R
    Roco Rockmonovich
    Shorty...All the Weak Hands are Long Gone....Your attempts to Drop SP further is Futile at Best!
  • M
    Mary Jane
    Rumor is there is enough oil to start up a Namibian 3in1 oil factory and they may go public and you will all be rich when you buy the stock.
  • m
    meowchicha
    Energy prices going up and ReconAfrica lowering the investment risk every day. Less risk and a much larger jackpot. Good times!
  • R
    Rob Rob
    Numerous comments have been removed again this morning. Going to stop using Yahoo. Stocktwits and Reddit are better.
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