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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

Comment by C6J6Dub6Uon Feb 05, 2021 12:13pm
119 Views
Post# 32484547

RE:NAMIBIA HAS AN OCEAN OF OIL

RE:NAMIBIA HAS AN OCEAN OF OIL
yes T10 There's oil on and all around Africa including the oxeans. Countries all over that continent are prospering from oil. Its Namibias turn. Before Recon I never even knew of any oil in Africa at all, and I wonder if lots of others are the same. I looked at it the first time and said Africa? Wha? Yes. Very old continent. Very goooooood for the oil business. Im especially proud of Reco though for it's handling of the tree huggers who really have no right to make a country stay in poverty. There can be a middle ground. Where oil will be a clean industry, and Reco is setting those standards now it appears.
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