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 (TSX-V: RECO; OTC:RECAF). 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…
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