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re: AT - Small Cap Discussion Thread ( NEW. )
Posted on 2/8/21 at 4:19 am to sonoma8
Posted on 2/8/21 at 4:19 am to sonoma8
RECAF
USA Today
ReconAfrica, a junior oil and gas exploration and development company, has begun drilling in the Kavango basin, located along the west coast of Africa. Owning 8.5 million acres within the region, the company has sole access to what one analyst predicts may generate up to 120 billion barrels of oil.
“Given the nature of this basin and the tremendous thickness, this is pretty much a no-brainer… it will be productive and I’m expecting high-quality oil,” said Dan Jarvie, a geochemist with Worldwide Geochemistry, LLC, in a press release.
Wood Mackenzie, one of the world's leading natural resources research and consulting firms, has released a report comparing the Kavango basin to three similar world-class basins, particularly to that of the sizable Midland-Permian basin in Texas.
USA Today
ReconAfrica, a junior oil and gas exploration and development company, has begun drilling in the Kavango basin, located along the west coast of Africa. Owning 8.5 million acres within the region, the company has sole access to what one analyst predicts may generate up to 120 billion barrels of oil.
“Given the nature of this basin and the tremendous thickness, this is pretty much a no-brainer… it will be productive and I’m expecting high-quality oil,” said Dan Jarvie, a geochemist with Worldwide Geochemistry, LLC, in a press release.
Wood Mackenzie, one of the world's leading natural resources research and consulting firms, has released a report comparing the Kavango basin to three similar world-class basins, particularly to that of the sizable Midland-Permian basin in Texas.
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