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Reconnaissance Energy Africa Ltd. (RECAF)

Other OTC - Other OTC Delayed Price. Currency in USD
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8.93+0.23 (+2.65%)
At close: 3:59PM EDT
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  • G
    Greg
    Here is the link to the Core Labs Q2 report that mentions Recon Africa on the second page. Key words: "conventional," "thick," and "predominantly marine strata." It's all good stuff. https://www.corelab.com/investors/cms/docs/press_release/2021_07_28_earnings_release.pdf
  • C
    Casper
    Could help buying 450 shares more at 10.93 CAD! Crossing fingers that announcement is aligned with CoreLab positive words!
  • C
    Casper
    Go and listen to CoreLab earnings call at their website. RECAF starts at around 31 min. Obviously they have limitations of what they can say, but that is extremely bullish.

    - Huge intriguing sedimentary basin
    - Lot of opportunity for various prospects, productive horisont and traps
    - Big basin with a thick section of sedimentary, mostly marine strata (not sure what this is though)
    - Lot of things to pick through for RECAF
    - Good friends from RECAF :)

    Sit back and enjoy what is going to unfold!
  • M
    Marc
    From Core Labs Q2/21

    "During the second quarter of 2021, Core Lab, under the direction of Reconnaissance Energy Africa Ltd ("ReconAfrica"), was engaged to provide laboratory analyses on conventional cores from exploratory wells in the Kavango Basin, Northeastern Namibia. The laboratory program for this project is leveraging a number of proprietary and patented technologies, such as Core Lab's Reservoir Applied Petrophysical Integrated Data Zoom (RAPIDZoom™) services to assess rock properties and identify prospective reservoir targets over a thick interval of predominantly marine strata. RAPIDZoom™ allows the scientists involved in the project to collaboratively examine the core samples at high resolution, revealing details on lithology, texture and stratigraphic relationships, all while working from remote locations. The analytical program on these Kavango Basin cores also includes Core's proprietary, native-state electrical properties laboratory testing, which allows for both improved calibration of downhole electric logs and expedited oil-in-place assessments. Core Lab is very pleased to be assisting the technical experts at ReconAfrica in their evaluation of potential reservoirs in this expansive, onshore sedimentary basin."
  • R
    Rob Rob
    So with all this cheer leading we didn't move the needle noticeably. The good news is only 300000 shares traded here in the states. Holders are certainly not rushing to sell at these prices.
  • B
    Brian333
    I was playing a word puzzle game last night and the word oil came up. It must be a sign.
  • J
    John
    Nice close
  • I
    Its Party time
    Low volume for 2 weeks now gives a good indication of investor sentiment, patience is our friend, sit back grab some popcorn. We're about to have some fun ;)
  • D
    Dave
    another 100 shares ty
  • R
    Rob Rob
    You know its buying time again before this stock leaves you. Miss this extended flat spot and its going to crying time.
  • e
    ed
    Just picked up another 5k shares. I have been long on this stock but the stars are lining up for this one to take off. Don’t miss the boat.
  • d
    dave
    I’m buying it all up baby, tomorrow another 12k lined up to get more shares before the NR. Personally I don’t expect the NR in July I expect it first week of August and I will give Grayson some slack for a week delay considering there has been no real delays or hiccups on this project especially during covid is very impressive.
  • D
    DC
    Just got the OK to build McDonald's on road to the coast. Going to be a lot of trucks carrying Nammbian Black Gold. Nothing better than burger fries and Namimbian Tea.
  • J
    Jackson
    WATCH: Namcor MD Immanuel Mulunga says the public petroleum entity is working towards self-reliance within the next 3-5 years to avoid relying on the petrole...
    WATCH: Namcor MD Immanuel Mulunga says the public petroleum entity is working towards self-reliance within the next 3-5 years to avoid relying on the petrole...
    www.youtube.com
  • E
    EK
    While we wait for the good news:
    When do you think they will come?

    A: Thursday
    B: Friday
    C: Next week
    D: No good news waiting

    (Yes, just for fun - no one can predict the future)
  • g
    george
    Congrats all who bought low
  • O
    Old rig hand
    Happy happy Thursday, July 29 Two trading days left Last chance to buy shares in this price range remember this is a no ((brained)) an old intelligent investor said that 1000 shares will be life-changing I believe he’s right Remember there’s Billions of dollars at stake and they bet against the stock They will have to cover their positions Only believe the news coming up from the Company confirmation will come from second and third party world renowned companies . The professionals are at the top of their game Need I say more As you know every dirty trick in the book plus illegal tricks we’re laid upon us if you’ve done your D&D you know what you haveShare price will increase substantially I use the Hayward report unfortunately it is behind a paid firewall now some of our members can you give projected price quotes on the board have a fun trading day our team at Reconnaissance Energy Africa Ltd. energy Africa Have our back’s
  • d
    dad
    "The analytical program on these Kavango Basin cores also includes Core's proprietary, native-state electrical properties laboratory testing, which allows for both improved calibration of downhole electric logs and expedited oil-in-place assessments."
  • Y
    YM001
    So what news items are due -overdue - upcoming?

    1. Confirmation that 2D seismic survey already started (was supposed to start last week)
    2. Update on Logging and coring operation completion
    3. VSP run for at least 1st well started
    4. Some more results from core from the 1st well

    may be we will get 1-2 news per week