Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Reconnaissance Energy (Africa) Ltd 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.


TSXV:RECO - Post by User

Post by kanemochi777on Feb 02, 2021 3:12pm
445 Views
Post# 32449156

RE:RECAF>>>>>>>>RISK =HUGE REWARD$$ GET TICKET BEFORE FLY

RE:RECAF>>>>>>>>RISK =HUGE REWARD$$ GET TICKET BEFORE FLY

If it makes a discovery, it will be on the radar of every super major out there and then we’re talking prime JV time, which would be yet another huge reward for early-in investors.
It’s also shocking to find out that Recon Africa, which has a market cap of only $350 million, owns the rights to the entire 8.5-million-acre basin. If it turns up anything positive in its results, this company will capture huge attention.

If it makes a discovery, it will be on the radar of every super major out there and then we’re talking prime JV time, which would be yet another huge reward for early-in investors.

Recon Africa (TSXV:RECOOTC:RECAFis optimistic, and it has every reason to be so.

One of the most respected petroleum geochemists in the world, Dan Jarvie, came out of retirement for this play and believes this could be one of the largest oil basins on the planet, and his conservative estimate is that it holds over 100 billion barrels of oil.

<< Previous
Bullboard Posts
Next >>