Ann: Namibian Ministry Sign Off On PEL 87 Licence Extension, page-141

Viceroy Research (2021) blasted ReconAfrica’s enterprise for deceiving (potential) investors and from not being clear about whether they will need to use fracking. This claim is also made in the lawsuit that was filed against the company.At this point in time (late November 2021) we are sure a deep Kavango Basin doesn’t exist. We also have seen that the oil shows in the 6-2 well are pathetic. Did ReconAfrica know this all along? Did Jim Granath invent his tectonic model to pump the stock and get a nice cash reward himself?Aside from this, I imagine the company, staffed with fracking experts, knew all along that fracking is illegal in Namibia, but maybe they thought they could twist a few arms in what is a country with high levels of corruption (see for example here and here). Fracking in this part of the world would be completely and utterly irresponsible given its high water demand in this bonedry savannah area where local people depend on clean water.