After very promising results on their first well in Namibia’s giant Kavango basin, global attention has turned to this small Canadian explorer as it drills its second well in a basin estimated by a world-renowned geochemist to potentially hold up to 120 billion barrels.
In an interview with Oilprice.com’s James Stafford, Steinke, the founder and President of Reconnaissance Energy Africa (“Recon Africa”) (TSX.V: RECO, OTCMKTS:RECAF) discusses:
Why RECO’s first drill has garnered international attention
After the 3 well drilling program and 450 km 2d seismic program RECO expects to have cash of over $50 million
What’s in store for RECO’s second drill
Why excitement is building over the recent DeWolf research report
How much oil is potentially on the line
What’s next for the world’s most exciting junior explorer
How investors have reacted to this exciting oil play
Could Namibia become the next potential global oil hotspot
How RECO plans to give back to the community and environment
