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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

Post by Hiddensecretson Jun 03, 2021 11:33am
389 Views
Post# 33318994

BLOCKBUSTER news pending - END OF July 2021

BLOCKBUSTER news pending - END OF July 2021Kentucky fried SHORTS will be the main meal in July 2021.

We hit 440 feet of light oil and gas in the top part of hole 6-1 (1st section)

We are now going into the much deeper part of the drilling where hole 6-2 should have two or more sections.

Project is being de-risked as we speak since top section of hole 6-1 is successful. 

Warrants are very telling of the bullish nature of this stock as they trade at $ 4 per warrant, meaning $18 per share is in sight. 

mpo
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