Exchange: OTC·Updated 03:15 PM EDT

RECAF Reconnaissance Energy Africa Ltd

$0.4172
$0.0022
(0.53%)
Today
Mkt Cap$158.52M
Vol270,151.00

About RECAF

Reconnaissance Energy Africa Ltd. is a Canadian-based junior oil and gas company, which engages in the identification, exploration, and development of oil and gas assets via drilling and acquisition with a focus on Namibia and Botswana. It operates through the following geographical segments: Corporate, Mexico, and Africa. The Corporate segment relates to its office in Vancouver and operations office in Calgary. The Mexico segment refers to the oil and gas operations in Mexico. The Africa segment includes exploration and evaluation of its African assets. The company was founded by Craig Arthur Steinke and J. Jay Park on June 22, 1978 and is headquartered in Calgary, Canada.
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Neutral Sentiment

How do you feel about RECAF?

huntermn3006
$RECAF okay, two posts from me in three days! I truly implore any one here that is interested in the investment value of RA to stop reposting any of the FUD. Not only are you “aiding and abetting” their cause, it is causing those of us that enjoy participating, to not continue to provide their own analysis to the group. From now on, my already draconian practice of very quickly blocking fudsters, is going to include so called longs that repost this useless stuff. No one here needs help “deciphering” content. How bout we all just consume and provide useful content. That content might be positive or negative, just do nt “spin”it.
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NickTex1911
$RECAF nothing crazy but I'm buying 5,500 more shares next week. 6 years in to this and still bullish on the big discovery coming. Have a good weekend everyone, the next few weeks are going to be exciting.
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NbrJock1
$RECAF picked up 1,400 from other dividends. trying to get to 175k shares. holding/adding since $10.00 a share days😆😁. Avg Cost 1.73. Extremely optimistic given all current facts and probable outcomes. Time wil tell!
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TONYROSS
$RECAF HZ drilling shall be starting soon. Next week is prestigious African Energy Week with Recon Africa prominently displayed in Angola future operations with Sonangol and another session on Gabon. Closing it off with a technical session om Thursday. Then the fun really begins.
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Pampatrader2
$RECAF A new English Expression: "SHORT'n-Dash" It's were the BIG shorter drags in smaller Shorter's, then leave the set up for the dumb shorter to end up paying the final bill. Exit now and beat the Master that's trapping you.
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Pampatrader2
$RECAF New Low Resolution image from Copernicus today the 9th. and compared with the 7th. Some new spots are more than obvious. From original shots I have enhanced contrast and saturation to bring out maximum possible detail. HD guys turn next!
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Topseeker1
$RECAF Another internationally well known geologist who knows full well Reco's potential. His partial Bio as follows: Recognized geologist Bill Cathey was another early bird. Cathey—whose clients have included supermajors such as ExxonMobil, ConocoPhillips, and Chevron—performed the entire magnetic survey interpretation of the Kavango Basin for ReconAfrica and was very clear in saying: “Nowhere in the world is there a sedimentary basin this deep that does not produce commercial hydrocarbons.” ..... One thing we do know, the Geology has not changed, thus the potentials are possible. How real ? We'll know come Nov, perhaps with hints of success prior ? Best wishes to All Longs, Sincerely, Topseeker
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JosephOfEgypt
$RECAF Nice to be here with you my fellow longs back with my due diligence from Chris & Brian last 10 months,maybe I’m just a little over analyzing but it doesn’t add up (scratching my head) they either know what they have,have lost their mind or maybe just balls of steal lol. Well it is completely mind blowing to me personally to even try to understand the comparison they make KW-1X with Saudi Arabia Austin Chalk and other but what stands out is the Oil fiends of OMAN mentioned 5-6 times. OMAN -Has 325 productive Oil fields & 55 Gas Producing 1.1 million barrels per day And almost 6 billion cubic feet of natural gas per day,according to my research they have 23.3 trillion cubic feet of proven natural gas reserves. Ladies and gentlemen little RA and the sleeping giant Damara Fold Belt.
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JosephOfEgypt
$RECAF With HZ on its way I went back to listen to Chris and Brian smith weekly’s but also their Webinar there is a lot of information we have missed focusing on share price from scratching the land and all the way to production but ofcourse you need commercially viable product and we are at the door step, I counted 4-6 times apreisal well was mentioned back to back meaning HZ - and Appraisal well one after another. Then I asked myself but how come I don’t remember RA drilling a well in January or February little you know 6-2 well was drilled January 11 2021 yup the one that they said we are now bullet proof which was going to be sidetracked as well(does it ring a bell). In case of success at KW-1X HZ drilling I strongly believe that if not January then early February will see number estimates unfolding right in front of our eyes..
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Topseeker1
$RECAF And to wrap up about our man Jarvie:Then, Jarvie, a key force behind the Barnett Gas play and former chief geochemist for EOG Resources, jumped in on RECO as a shareholder because he saw a “very strong, independent junior explorer… sitting on a sedimentary basin that rivals South Texas in a massively underexplored region”. Jarvie’s own estimates 100+billion barrels of oil equivalent are based only on 12% of Recon Africa’s total holdings. ...... Best of wishes to All Longs, Sincerely, Topseeker
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Topseeker1
$RECAF Getting to know Dan Jarvie who had done research on RECO's Namibia play. Enjoy the read and the implications of what has been said recently by RECO. Info as follows: Oil Experts See Huge Potential ( published - Jan. 14, 2021 ) Wood Mackenzie, the most trusted name in oil and gas resource assessments, states that the target basin is analogous to three world-class basins, including the $540-billion Midland Basin in Texas. One of the most respected petroleum geochemists in the world, Dan Jarvie, came out of retirement for this play and believes this could be one of the largest oil basins worldwide, and his conservative estimate is that it could hold over 100 billion barrels of oil. Another world-renowned geologist and geophysicist, Bill Cathey, who works with the oil and gas supermajors, studied the basin and said: “Nowhere in the world is there a sedimentary basin this deep that does not produce commercial hydrocarbons.
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ArmyRuggerA179
$RECAF Yea, right. let's see. Namibian Gov't owns a 10% interest, outright, in RECAF. No idea how many individual shares may be owned by members of the Namib government, but they aren't Dumb DeeDee212 dumb dumb. They will rightly notice that oil wealth is transformative for nations possessing vast oil reserves. They will also note that there are excellent procedural means to protect their environment/native animal species even as they vastly improve the livelihoods of their people. The education and supply chain opportunities are practically endless. For a country of slightly more than 3mm citizens, the notion that existing law will preclude changing such law in order to deny the expansive development of that nation is, in two words - REALLY DUMB. The biggest threat to Namibia is the exceedingly narrow minds of some small cabal of ecological terrorists seeking to constrain Namibian progress. BULLISH.
26
MortREA
$RECAF Reminder: Dan Jarvie estimated the petroleum generated potential over Recons 8.75 million acres at 120 billion boe and that was looking at only sections that represent 12 % of holdings. Now add in Angola ( holy cow) with proven working system mirroring Namibia's Damara, and Gabon. It looks like Dan knew what he was talking about..and we're gettin' close. Dan, did you say "no brainer"? Permian and Zagros type play on the table? Absolutely
34
reco2point0
$RECAF I see the ignorant referencing permeability and the rock. Chris has made the statement that we have 80% PERMEABILITY with our structure. 80% is about the best you will EVER see. But the ignorant are like the democrats and fake media and only use useless references and ignores the TRUTH. TODAY'S IGNORANT SOCIETY has evolved into nothing but lies and more lies and then doubling down with more lies....It's coming down to good vs evil in life today. Trust me, the good will prevail. We have a better leader!
27
Rob62
$RECAF Ships docked not docked. Give me break. Sometimes you can follow a stock too closely. All you will need to know if your holding like myself is facts about the upcoming sidetrack well flow results. The tiny details on how we are getting there is just small talk. I'm pretty sure nobody is sitting back waiting to invest in this company based on its shipping logistics . Geesh! Long holders have been waiting for years and a week or two in delays is expected when your dealing with drilling halfway around the world. Patience folks, good things are coming your way. Go Recon
32
Jocularpeanut
$RECAF If the horizontal well delivers commercial condensate‑rich flow, it doesn’t just prove one location — it validates the entire petroleum system. Condensate systems are driven by basin‑scale source rock maturity, regional pressure regimes, and widespread migration pathways. Once a vertical confirms charge, maturity, liquids, and pressure, a single successful horizontal demonstrates that the reservoir can actually deliver commercial rates. In a condensate‑rich gas system, that’s all you need: commercial flow in one properly placed horizontal implies repeatability across the basin because the underlying geology is regional, not local.
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HuskyNotFat
$RECAF I told myself I was done buying and somehow another 15k shares ended up in my portfolio this week.
35
RECAF4life
$RECAF is sitting on a powder keg. The latest data confirms a textbook squeeze setup: * 21.8M shares shorted. * Days to Cover (DTC) at an extreme 10.23. * 45.38% traded off-exchange. Shorts are trapped in a severe liquidity bottleneck. With the 1,000m horizontal well testing the fractured carbonate system, any positive flow rate flips the narrative overnight. At 10+ DTC, there simply won't be enough shares to cover. When warrant exhaustion hits and retail FOMO kicks in, a commercial result turns this into a violent, explosive squeeze. 🚀
24
ColonelMurdoch
$RECAF I just received a message originating from an object in orbit around Europa, a moon of Jupiter: “Something wonderful is about to happen.”
19
TONYROSS
$RECAF Next week and months ahead for Recon Africa.... Next week- while they are preparing to start horizontal drilling in KW1X, they will be represented on 3 different days at the African Energy Week Conference in South Africa. One topic will be on what they are doing currently and planning for in Angola onshore Second topic will discuss the Gabon offshore plans for drilling next year And then a technical workshop After this conference next week we shoukd expect to see the start of horizontal drilling at KW1X for several weeks This will be followed by production testing without acidization in Huttenberg Then production testing with acid stimulation After flow is achieved, it will be measured This will all then be followed with an appraisal well to determine volumes of oil and gas in Q1 2027
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