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SmackoverHawg
Arkansas Fan
Member since Oct 2011
22773 posts
 Online 

re: Could this be the next big play? (RECAF)
Paging Hawgeye.


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01
GREENHEAD22
LSU Fan
Member since Nov 2009
15736 posts

re: Could this be the next big play? (RECAF)
Yup, this first well will be the tell.


Gabe Rippen
LSU Fan
New York
Member since Jul 2016
47 posts

re: Could this be the next big play? (RECAF)
One of my friends is getting his geology masters right now so he is familiar with the area and did research on the company. He made it seem like the 3rd well is the one to be confident in.

Might see some price drops after the first 2 wells


GREENHEAD22
LSU Fan
Member since Nov 2009
15736 posts

re: Could this be the next big play? (RECAF)
I am hoping it levels back off around the mid 2s so that I can add some more. If they have any good reports with the upper(conventional zones) I can see this making a decent jump.


TigerCrude
LSU Fan
Member since Oct 2019
1878 posts

re: Could this be the next big play? (RECAF)
Bought 500 at 3.67. Hopefully it shoots up. Been thinking of putting more since it dropped.


tenderfoot tigah
LSU Fan
Red Stick
Member since Sep 2004
6921 posts

re: Could this be the next big play? (RECAF)
If it drops, I may throw more at it. The potential is huge.


AUHighPlainsDrifter
Auburn Fan
South Carolina
Member since Sep 2017
865 posts

re: Could this be the next big play? (RECAF)
Under $3.00 today


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00
Ballstein32
Auburn Fan
Member since May 2020
211 posts

re: Could this be the next big play? (RECAF)
Curious on why he thinks the 3rd well would be the ticket?

Id think that if they struck oil on the first one itd be reason enough for this to explode. Maybe the 3rd well is on the opposite side of the area and if it hits, then ya got the whole basin full of oil?

Or are the 3 wells being drilled different depths?

Pardon my ignorance on this, I am not in the oil and gas industry
This post was edited on 1/22 at 10:59 am


msutiger
Louisiana Tech Fan
Shreveport
Member since Jul 2008
66639 posts

re: Could this be the next big play? (RECAF)
Up 15% today

Now I’m only down 25% in total


Ballstein32
Auburn Fan
Member since May 2020
211 posts

re: Could this be the next big play? (RECAF)
Lol. Im down 18% now. Woohoo!


Ballstein32
Auburn Fan
Member since May 2020
211 posts

re: Could this be the next big play? (RECAF)
Add to say I'm holding this for a bit...atleast until they release their results from the 3 test wells. If they find a huge stash of oil ill probably turn this into a long term hold


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20
Tigersaint09
New Orleans Saints Fan
St Petersburg
Member since Dec 2013
1078 posts

re: Could this be the next big play? (RECAF)
ReconAfrica's First of Three Wells Confirms a Working Petroleum System in the Kavango Basin, Namibia

Yahoo


Chitown_Badger
Chicago Cubs Fan
A one drink walk from Wrigley
Member since May 2013
20452 posts

re: Could this be the next big play? (RECAF)
Nice pop for those holding. Hopefully some grabbed some quick profits, as it's working it's way back now.


GREENHEAD22
LSU Fan
Member since Nov 2009
15736 posts

re: Could this be the next big play? (RECAF)
I sold 50%, will sell the rest if it gets back up this afternoon. Will then buy in my Roth when it trends down waiting on info from the next well.


TigerGyp
LSU Fan
Lafayette
Member since May 2006
866 posts

re: Could this be the next big play? (RECAF)
holding


tigerfoot
LA-Monroe Fan
Alexandria
Member since Sep 2006
47873 posts

re: Could this be the next big play? (RECAF)
added more this morning. Today is looking spectacular!



Tigersaint09
New Orleans Saints Fan
St Petersburg
Member since Dec 2013
1078 posts

re: Could this be the next big play? (RECAF)
RECAF looking niceee


GREENHEAD22
LSU Fan
Member since Nov 2009
15736 posts

re: Could this be the next big play? (RECAF)
Talk about regret not buying more and even bigger on selling half of my position yesterday.


Tigersaint09
New Orleans Saints Fan
St Petersburg
Member since Dec 2013
1078 posts

re: Could this be the next big play? (RECAF)


GREENHEAD22
LSU Fan
Member since Nov 2009
15736 posts

re: Could this be the next big play? (RECAF)
Man did I misplay this one. The one I go tepid on.


I hate this market, nothing follows common sense. They are still so far away from actual production and and turning a profit and this thing is moonshot. Here I am waiting for the common sense dip and its running away.
This post was edited on 4/19 at 9:04 am


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