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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  V.RECO.W.A | RECWF | 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 teheran10on May 06, 2021 11:31am
408 Views
Post# 33140781

OVERSUBSCRIBED BY 30%....

OVERSUBSCRIBED BY 30%......... IF WE did not believe what might be in the ground by yesteday, NOW is are very sure there is black gold in there.
Bought Deals like this one do not come by every day.
It shows to me that the entire Haywood management is so much onboard this project.
......
let's go $150-$250
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