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The Best 2 Stocks To Hold As Oil Prices Explode

) This is the junior oil explorer that has surprised the markets in Namibia’s giant Kavango Basin the final frontier of onshore oil. From January 1, 2021, to June 23, 2021, ReconAfrica gained over 580% in valuation. And it appears it came out of nowhere. It also looks to have been a major target of what we believe are dubious short-selling campaigns and spoofing, but we think it’s held its ground against them all, precisely because it’s sitting on what some say could be the last big onshore conventional oil discovery the world will ever see. And not only that … it’s backed by veteran management and industry leading geologists and geochemists. It’s not a fly-by-night junior explorer. We think it’s the real deal and it was savvy enough to scoop up this entire, giant basin before anyone had time to blink.

Trends To Watch As Oil Prices Explode

Trends To Watch As Oil Prices Explode
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The Small Exploration Company That Shocked The Oil Industry

) announced early findings from the first of their initial 3-well drill program in Namibia’s 6.3-million-acre Kavango Basin. It came as a surprise to many of us: Results indicated signs of a working petroleum system after only the first test drill.  On June 3rd, investors got another surprise when RECO announced further indication of a working petroleum system in the shallow section of its second well.  Now, we’re waiting for an announcement about the completion of the second drill to 12,500 feet, which we think should be any day now.  Previous projections have compared the possible numbers with some of the largest oil discoveries in the world in recent years, like the Midland Basin in West Texas.

Is Namibia Emerging As The Most Exciting Oil Story Of The Year

Is Namibia Emerging As The Most Exciting Oil Story Of The Year
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Baystreet ca - The Small Exploration Company That Shocked The Oil Industry

Baystreet ca - The Small Exploration Company That Shocked The Oil Industry
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