Reconnaissance Energy (Africa)

Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) (ReconAfrica) has earned a repeat ‘Buy' rating from Haywood Capital Markets analysts following its latest update on drilling at the Naingopo well on Petroleum Exploration License 73 (PEL 73) onshore Namibia. The company reported that exploration reached a depth of 4,184 meters, deeper than the planned depth of 3,800 meters.» Mehr auf proactiveinvestors.com

Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) (ReconAfrica) earlier this week said drilling at its Naingopo exploration well in Namibia's Damara Fold Belt had wrapped up, reaching a total depth (TD) of 4,184 meters—well beyond the initially projected 3,800 meters. The firm will conduct an in-depth assessment of the Naingopo well, including wireline logging, coring, Vertical Seismic Profile (VSP) analysis, and Modular Formation Dynamics Tester (MDT) sampling, which are crucial for understanding reservoir characteristics, fluid properties, and potential hydrocarbon deposits, according to analysts from Research Capital Corporation.» Mehr auf proactiveinvestors.com

Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) (ReconAfrica) has announced the completion of drilling operations on its Naingopo exploration well, located on Petroleum Exploration Licence 073 (PEL 73) in onshore Namibia. The well was drilled to a total depth of 4,184 meters (13,727 feet), surpassing the initial projected depth of 3,800 meters.» Mehr auf proactiveinvestors.com