A small Canadian oil explorer may have shocked the industry this year when it published initial results that pointed to the potential of a giant oil discovery in Namibia’s Kavango Basin. Now, as our anticipation builds over the next drill results, this small Canadian driller looks to be attracting attention from around the globe. In April, Reconnaissance Energy Africa ( TSXV:RECO , OTC:RECAF ) 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 […]