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.

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Reconnaissance Energy (Africa) Ltd

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Post by Buyhigheatchipson May 29, 2021 2:32pm

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Post# 33292812

Re: climate change

I thought this was very applicable to Namibia's potential resource bonanza...

The climate crisis offers former colonial powers an opportunity to make a positive contribution in this regard. Everyone agrees that global carbon emissions must reduce but the big question remains: who has to reduce their production and consumption? The countries that are most developed today got that way because they exploited the Earth’s resources and people in the past. A reasonable way to proceed is for developed countries to make sacrifices and give less-developed countries their turn.

https://theconversation.com/reparations-for-slavery-and-colonial-abuses-how-behavioural-science-can-help-161531

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