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re: Could this be the next big play? (RECAF)
Posted on 4/27/21 at 6:38 pm to GREENHEAD22
Posted on 4/27/21 at 6:38 pm to GREENHEAD22
Not even the fact that they found oil in the first well?
Ill edit it to state what they said in a press release.....the first well "provides clear evidence of a working conventional petroleum system in the Kavango Basin."
Ill edit it to state what they said in a press release.....the first well "provides clear evidence of a working conventional petroleum system in the Kavango Basin."
This post was edited on 4/27/21 at 6:45 pm
1
Posted on 4/27/21 at 6:59 pm to Ballstein32
That is a very broad loose term that can mean anything from a screaming producer to they found trace oil in cores/cuttings. Even if it is a solid find this is a shale play, not conventional. Then you have to account for there is zero infrastructure in the area.
A long way to go on this.
A long way to go on this.
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