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

Reconnaissance Energy (Africa) Ltd > Realistic? Unrealistic? Do numbers lie?

<< Previous

Bullboard Posts

Next >>

Comment by NameOfTheGameon Feb 05, 2021 1:16am

203 Views

Post# 32481320

RE:RE:RE:RE:RE:RE:RE:RE:Realistic? Unrealistic? Do numbers lie?

Lol. Well that's not wrong from your point of view which is why I shared some technical jargon to look into. Do your due diligence is all I'm saying. It's your money to risk and I respect that. I just am trying to share some caution based off both my career and education.

I get valuable insights from others here, economics and formation evaluation happen to be something I myself can extend back.

<< Previous

Bullboard Posts

Next >>

Immigration technology stock CanPR begins trading on the TSXV