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Reconnaissance Energy (Africa) Ltd RECAF


Primary Symbol: V.RECO Alternate Symbol(s):  V.RECO.W.A | RECWF

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (6.3 million acres) and 8,990 km2 (2.2 million acres) in Botswana. The two licenses together comprise 34,325 sq km (8.5 million acres). Its conventional drilling program is focused on analyzing the rocks to determine if there is a working petroleum system in the Kavango Basin.


TSXV:RECO - Post by User

Reconnaissance Energy (Africa) Ltd > Even if Recaf hits it big …
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Post by pacer001on Jan 11, 2024 6:07pm
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Post# 35822582

Even if Recaf hits it big …

Even if Recaf hits it big …... it won't matter!

in Africa with all the corruption, theft and other headaches not to mention expenses it is easier for the big companies to drill off shore since these platforms can be easily secured, no huge storage requirements, no huge pipeline costs, etc. etc.

I have not even gotten to the environment fight!
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