Reconnaissance Energy (Africa) Ltd V.RECO.W.A

Primary Symbol: V.RECO Alternate Symbol(s): RECAF

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.

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Reconnaissance Energy (Africa) Ltd > Recaf mentioned in another Namibian article!

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Post by pacer001on Aug 23, 2023 8:17pm

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Post# 35602950

Recaf mentioned in another Namibian article!

Another glowing article about the greatness of oil and gas discoveries in Namibia. This time Recaf is mentioned in this OP article! See below:

"ReconAfrica increased its natural gas forecast to 22.4 trillion cubic feet of natural gas in Namibia’s onshore PEL 73 license area in the Kavango Basin. The company decided to speed up the acquisition and processing of a further 1,100km2 in the Damara Fold Belt following successful initial exploration

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