Reconnaissance Energy Africa Ltd (RECAF)

$0.35 -0.01 (-1.90%)
Market Cap N/A
Revenue (ttm) 0.00
Net Income (ttm) 0.00
EPS (ttm) N/A
PE Ratio N/A
Forward PE N/A
Profit Margin 0.00%
Debt to Equity Ratio N/A
Volume 212,140
Avg Vol 437,956
Day's Range N/A - N/A
Shares Out N/A
Stochastic %K 50%
Beta N/A
Analysts Strong Buy
Price Target N/A

Company Profile

Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas properties in Namibia and Botswana. The company holds a 90% interest in a petroleum exploration license located in Namibia; and 100% working interest in a petroleum license located in northwestern Botswana, as well as an agreement for a joint exploration project in Angola. Reconnaissance Energy Africa Ltd. is headquartered in Calgary, Canada.

Industry: Oil & Gas E&P
Sector: Energy
Address:
635 – 8 th Avenue SW, Calgary, Canada
Golfer44
Golfer44 Aug. 18 at 6:34 PM
$RECAF The Kavango West 1X exploration prospect spud on July 31st. The well is planned to reach total depth (TD) of approximately 3,800 metres (12,500 feet) by the end of November 2025. That’s 120 days…
0 · Reply
Golfer44
Golfer44 Aug. 18 at 6:14 PM
$RECAF did Ralph Wiggins make the convention? Hahahahahhaah
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TheHornedBull
TheHornedBull Aug. 18 at 4:33 PM
$RECAF RECAF short shares available to borrow 3.6M interest rate at all time low, 6.64%. Looks like brokers are Spoofing their short loaning data to make it look like all is Really well and they see nothing on the horizon of concern. But that's impossible. They know there's Zero Valid Float right now. No longs are selling Period, the Brokers know that for certain. So they also know when oil starts coming out the top of this well there's no way to fill buy orders except with borrowed short shares. And even if there was 10M of them available, they could still all be gone in 3 or 4 days. And the price won't go up slow it will jump straight up to $5.00! and the shorts will be instantly screwed into a 30M$ cover price. They are taking a big risk, but maybe they figure the odds are with them that this will be the 4th non Comm. well? I'm not sure which will feel better for me, finally hitting a big Oil discovery or watching the Shorts go up in flames.
1 · Reply
Golfer44
Golfer44 Aug. 18 at 4:00 PM
$RECAF Phony, is this planned to perfection?
0 · Reply
TheHornedBull
TheHornedBull Aug. 18 at 3:01 PM
$RECAF
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TheHornedBull
TheHornedBull Aug. 18 at 1:55 PM
$RECAF If the Bid or the ask below, which I just copied from my Etrade page, was valid, either the bidder would raise his bid .0030 cents per share or the seller would lower his ask 0.0030 cents per share. It's all a farce! Or otherwise known as a SPOOF! After all, even if you were buying or selling a MILLION shares, .003 cents a share would only be $3000. RECAF RECONNAISSANCE ENRY AFRICA LTD COM $0.3541-0.0046 (-1.28%) Bid x Size $0.352 x 5,700 Ask x Size $0.355 x 8,500
1 · Reply
Golfer44
Golfer44 Aug. 18 at 1:40 PM
$RECAF We are delighted to announce the Dubhe-1 pilot hole results as a success. The well confirms the presence and quality of the oil and gas reservoirs in the Ahpun field, exceeding our pre-drill expectations. We are now transitioning toward field development planning in support of capital efficient commercial production. The upside presented by the SMD-C and Slope Fan zones highlights the enormous potential in our portfolio."
1 · Reply
tnynex13
tnynex13 Aug. 18 at 1:37 PM
$RECAF So PTHRF finally hit paydirt (payoil)! Looks good! Will recaf be next? We may know soon!
1 · Reply
TONYROSS
TONYROSS Aug. 18 at 12:42 PM
$RECAF Can watch today's presentation live using the following link.... https://enercomdenver.com/webcast/confluence-a-augusta/
0 · Reply
TONYROSS
TONYROSS Aug. 18 at 11:03 AM
$RECAF Recon Africa presenting at EnerCom in Denver today, 1:30 PM Mountain time. https://enercomdenver.com/schedule/first-day-schedule/
0 · Reply
Latest News on RECAF
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Golfer44
Golfer44 Aug. 18 at 6:34 PM
$RECAF The Kavango West 1X exploration prospect spud on July 31st. The well is planned to reach total depth (TD) of approximately 3,800 metres (12,500 feet) by the end of November 2025. That’s 120 days…
0 · Reply
Golfer44
Golfer44 Aug. 18 at 6:14 PM
$RECAF did Ralph Wiggins make the convention? Hahahahahhaah
0 · Reply
TheHornedBull
TheHornedBull Aug. 18 at 4:33 PM
$RECAF RECAF short shares available to borrow 3.6M interest rate at all time low, 6.64%. Looks like brokers are Spoofing their short loaning data to make it look like all is Really well and they see nothing on the horizon of concern. But that's impossible. They know there's Zero Valid Float right now. No longs are selling Period, the Brokers know that for certain. So they also know when oil starts coming out the top of this well there's no way to fill buy orders except with borrowed short shares. And even if there was 10M of them available, they could still all be gone in 3 or 4 days. And the price won't go up slow it will jump straight up to $5.00! and the shorts will be instantly screwed into a 30M$ cover price. They are taking a big risk, but maybe they figure the odds are with them that this will be the 4th non Comm. well? I'm not sure which will feel better for me, finally hitting a big Oil discovery or watching the Shorts go up in flames.
1 · Reply
Golfer44
Golfer44 Aug. 18 at 4:00 PM
$RECAF Phony, is this planned to perfection?
0 · Reply
TheHornedBull
TheHornedBull Aug. 18 at 3:01 PM
$RECAF
0 · Reply
TheHornedBull
TheHornedBull Aug. 18 at 1:55 PM
$RECAF If the Bid or the ask below, which I just copied from my Etrade page, was valid, either the bidder would raise his bid .0030 cents per share or the seller would lower his ask 0.0030 cents per share. It's all a farce! Or otherwise known as a SPOOF! After all, even if you were buying or selling a MILLION shares, .003 cents a share would only be $3000. RECAF RECONNAISSANCE ENRY AFRICA LTD COM $0.3541-0.0046 (-1.28%) Bid x Size $0.352 x 5,700 Ask x Size $0.355 x 8,500
1 · Reply
Golfer44
Golfer44 Aug. 18 at 1:40 PM
$RECAF We are delighted to announce the Dubhe-1 pilot hole results as a success. The well confirms the presence and quality of the oil and gas reservoirs in the Ahpun field, exceeding our pre-drill expectations. We are now transitioning toward field development planning in support of capital efficient commercial production. The upside presented by the SMD-C and Slope Fan zones highlights the enormous potential in our portfolio."
1 · Reply
tnynex13
tnynex13 Aug. 18 at 1:37 PM
$RECAF So PTHRF finally hit paydirt (payoil)! Looks good! Will recaf be next? We may know soon!
1 · Reply
TONYROSS
TONYROSS Aug. 18 at 12:42 PM
$RECAF Can watch today's presentation live using the following link.... https://enercomdenver.com/webcast/confluence-a-augusta/
0 · Reply
TONYROSS
TONYROSS Aug. 18 at 11:03 AM
$RECAF Recon Africa presenting at EnerCom in Denver today, 1:30 PM Mountain time. https://enercomdenver.com/schedule/first-day-schedule/
0 · Reply
Viong
Viong Aug. 17 at 11:27 PM
$RECAF The secondary prospect Mulden SS can reached in 3 weeks. Also, the main objective Otavi limestone is just about 7 weeks from to date. I think the sp could move accordingly with these anticipated prospects. It means the shorts may have barely that time to cannibalize each other since no longs will provide 6M shares for cover. More importantly, this will be the time for critical updates from IR. Interesting times ahead.
4 · Reply
johnhansen
johnhansen Aug. 17 at 2:54 PM
$RECAF
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EquitytheGrouchLee123
EquitytheGrouchLee123 Aug. 17 at 1:42 AM
$RECAF So Hornybullshit blocks Tonyloss because he was "tired of all the reposting of stupid posts". The irony is DELICIOUS! Muah HA HA! SO delicious.
3 · Reply
Recafgunnabe
Recafgunnabe Aug. 16 at 8:01 PM
$RECAF I can,t validate the 5,400 ft in 24hrs, but seems possible in easier drilling formations and the triple rig.
2 · Reply
TheHornedBull
TheHornedBull Aug. 16 at 7:06 PM
$RECAF Is there anyone out there who has been paid, received in hand, their share of the reported RA settlement, supposedly covered by a RA liability policy? Is there anyone out there who still thinks they ever will be paid? I believed it was a REAL DEAL, but I am not so sure now. If I was paid for my share, I would get whatever the settlement figure was per share. x 150,000 shares. Unfortunately the longer it goes unsettled the more likely it is that there will never be any payments to those of us entitled to them.... I bet if I write a letter to the New guy at IR, he'll just write back and say, We can not comment on that particular pending litigation resolution at this time
4 · Reply
ReaIAlpha
ReaIAlpha Aug. 16 at 6:54 PM
$RECAF BW just subscribed to the last offering I am 100% sure they understand that exploration takes time They didn’t invest more because they think it’s one or done
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Viong
Viong Aug. 16 at 6:45 PM
$RECAF Revisited BR's latest Proactive interview and confirmed he said this KW well is a 105-day program. Accordingly, I revised my estimated schedule (attached) with additional details I could extract from Naingopo. The Mulden SS was said to be tight with poor porosity in previous hole but where it was faulted a probable "pressure kick" was experienced. I hoped this well is commercial. If not, even the new IR "genius" will not be able to raise any funds or convinced other farmees for the next exploration activities. But he could be the luckiest guy with a discovery. Have a good weekend.
3 · Reply
reco2point0
reco2point0 Aug. 16 at 6:19 PM
$RECAF I agree you have been consistent in your "blind optimism" TR, you should be just as consistent in your reading apprehension and also recognize disclaimers when you see them. LOL! Total Otavi section 1500 meters = 622,691,559,736 Barrels X 1% = 6,226,915597 Possible barrels recoverable 1% factor. X$7 In ground valuation = $43,588,409,181 X70% Our portion of ownership $30,511,866,427 I.G. VALUE = $100.70 PER SHARE using 303M outstanding These numbers are not likely but they are possible
3 · Reply
TheHornedBull
TheHornedBull Aug. 16 at 6:14 PM
$RECAF WOW!! IT"S ABOUT TIME!!!!!! Read the Great article linked on The BigMM's post below. The article is excellent and Cruz's participation and the repeated mentioning of Namibia is exactly the kind of attention RA in NA needs!
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johnhansen
johnhansen Aug. 16 at 6:06 PM
$RECAF
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TONYROSS
TONYROSS Aug. 16 at 5:40 PM
$RECAF I've been consistent. I give us slightly better than 50/50 odds of a commercial discovery in Kavango West 1X. I think that is pretty realistic at this stage of exploration for Recon Africa. For that matter, I will be thrilled with ANY size commercial discovery. As for "blind optimism", I'm not entertaining 1 billion barrel thoughts here as some are. Lol.
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TAOKEN
TAOKEN Aug. 16 at 5:38 PM
$RECAF
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