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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 Ebenizer3on Apr 16, 2021 12:23pm
232 Views
Post# 33011422

RE:RE:RE:RE:RE:RE:RE:RE:So at what point does.....

RE:RE:RE:RE:RE:RE:RE:RE:So at what point does.....oh I have one wildcard pick a private company Hilcorp, presently they are tied up in Alaska but they always seem to be a step ahead, they picked up a bunch of acreage in the EF and sold to marthron for a couple of billon then headed to the marcellus and utica shale in ohio before heading to alaska. Don't know if they would even be interested in one of the basins in the kavango but hilcorp is part of that houston crowd, am sure there's conversation bout a new basin. Being private u never hear anything till the deal is done.
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