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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 Chandler027on Jun 22, 2021 9:38am
290 Views
Post# 33426411

In Globe and mail response from reco

In Globe and mail response from recoI bank with TD, found an article thought this was interesting: "Such disruptive activities are an attempt to negatively impact ReconAfrica's share price to the benefit of short sellers. As published by shortdata.ca, ReconAfrica has the largest declared short position of all TSXV companies."
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