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Financial News Media | The World's Next Great Onshore Oil Discovery Could Be Here

Enterprise Products Partners L.P. (NYSE: EPD).

It’s exciting for two reasons. First, there’s no more potentially lucrative risk-reward setup than a small-cap sitting on a high-risk exploration play. Plays like this that succeeded have netted some investors 1,000-4,000% gains in the past. And this play is in Africa, where we’ve seen it happen before:

Tanganyaika Oil netted investors up to 4,000% gains
Centurion Energy International netted investors over 1,200% gains.

And those gains were for plays that might in the end pale in comparison to the potential of RECO’s 8.5-million-acre Kavango basin in Namibia and Botswana. RECO’s land package is far bigger and far more consequential, with well-known geoscientists in the industry backing what they think could end up being 120 billion barrels of oil in place. ....

United States , Namibia General , Saudi Arabia , New Mexico , City Of , United Kingdom , Polly Steele , Dan Jarvie , Francesco Gattei , Wood Mackenzie , Fn Media Group , Media Solutions Ltd , Tanganyaika Oil , Halliburton Company , Big Oil Could Benefit , Parsley Energy , Africa Oil , Reconnaissance Energy , Pioneer Natural Resources Company , Oil Frenzy Can Only Happen In Africa , Exxon Mobil Corporation , Fn Media Group Presents Oilprice , Exchange Commission , Centurion Energy International , Securities Exchange , Group Presents Oilprice ,

The World's Next Great Onshore Oil Discovery Could Be Here

The World s Next Great Onshore Oil Discovery Could Be Here
FN Media Group Presents Oilprice.com Market Commentary
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LONDON, Jan. 22, 2021 /PRNewswire/ A three-well drill campaign has just been launched by a small-cap explorer in a massive Permian basin that could end up being the next major conventional onshore oil discovery in the world. And everyone s watching as many names in the oil industry and resource assessment gather around Reconnaissance Energy (RECO; RECAF). Mentioned in today s commentary includes:
Exxon Mobil Corporation (NYSE: XOM),
Eni S.p.A. (NYSE: E),
Halliburton Company (NYSE: HAL), ....

United States , Namibia General , Saudi Arabia , New Mexico , City Of , United Kingdom , Polly Steele , Dan Jarvie , Francesco Gattei , Fn Media Group , Media Solutions Ltd , Tanganyaika Oil , Halliburton Company , Big Oil Could Benefit , Parsley Energy , Africa Oil , Reconnaissance Energy , Pioneer Natural Resources Company , Oil Frenzy Can Only Happen In Africa , Exxon Mobil Corporation , Exchange Commission , Centurion Energy International , Securities Exchange , Energy International , Money Is Looking , Wood Mackenzie The ,