Reconnaissance Energy Africa Ltd (RECAF)

[Ebenezer3]

My opinion: Yes, the first 3 Wells are exploratory, meaning and I am guessing here since there hasn't been a onshore discovery that they will pretty much core almost the whole wellbore. It was stated somewhere it was going to take 2 months for each well to drill and core and analyze each well and by the first of 2021 they hope to put together a development plan. But with all the chaos in the world there more than likely will be delays. Silver lining: they are just getting started, this is kinda like drilling offshore the goal is to find it, and then it takes a year plus to build it out. Just my opinion. Be safe everyone and check on your neighbor. Good luck to all