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Could This Be The Most Promising Oil Play Of The Decade?


) acquisition of the rights to Namibia’s giant, 6.3-million-acre Kavango Basin, which was followed in short order by two confirmations of an active petroleum system.
It’s captured our attention for several reasons; not the least of which is that onshore discoveries are pretty much a thing of the past, except in the final frontier of Africa, where Namibia which has never produced a barrel in its history is anxiously awaiting the possibility of its day in the energy spotlight.
It’s also captured our attention because this is a junior explorer who is sitting on what we think is a supermajor-size basin, and it’s fully-funded for its current 3-test well drill campaign. ....

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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. ....

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