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

Reconnaissance Energy (Africa) Ltd > RECO buyout to proceed / Settlement with Maleki

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Comment by NonCredibleSrcon Jul 15, 2021 9:55am

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Post# 33548643

RE:RE:RE:RECO buyout to proceed / Settlement with Maleki

Found it - thank you!

-- ReconAfrica and Renaissance Oil Brief: Cos Announce Renaissance Securityholder Approval For Plan of Arrangement and Termination of Agreement with Eskandar Maleki

2021-07-15 09:13:27 AM ET (MT Newswires)

09:13 AM EDT, 07/15/2021 (MT Newswires) --
Price: 10.79, Change: -0.60, Percent Change: -5.27

K=Thousands, M=Millions, B=Billions, TTM=Trailing 12 Month, MRQ=Most Recent Quarter, FYR=Fiscal Year End, NM=Not Meaningful, NA=Not Available

GAAP = Generally Accepted Accounting Principles used in Financial Statements issued by the company, Non-GAAP = Adjusted Operating Earnings or Revenue used in comparison to Analyst Estimates.Adjustments are typically one-time gains or losses.

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