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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF

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 > Electric...what a joke
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Comment by fogduckkeron Jan 18, 2021 11:42am
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Post# 32319986

RE:Electric...what a joke

RE:Electric...what a joke
C6J6Dub6U wrote:
let me see an electric vehicle pull 160,000 lbs up an 8% grade . Yeah thats what I thought....



Actually you may see that way sooner than you think. A Calgary based company may make it possible. They are doing some impressive work on the torque issues. I do not think it is an either or situation. There will still be lots of demand for oil ...peak demand may still be a long way off. I will be exceptionally pleased if my "old school" energy do as well as my green positions...kind of barbelled in my portfolio.
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