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.

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Reconnaissance Energy (Africa) Ltd > Announcement? Weekend worries.

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Comment by Zoolanders21on Jul 30, 2021 9:50am

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Post# 33631495

RE:RE:Announcement? Weekend worries.

Namcor will find out when we find out. The contract for the core & well log analysis is between RECO and Core Labs etc. They will not give information to Namcor and RECO will want to have an opportunity to review the results first and to control the timing of the release for their best interest and shareholders interest. i agree and hope the results will be good though!! My guess is sometime next week. There have been all kinds of supply chain issues and delays due to Covid so prob not reallistic to hit their target of end of July. JMO & GLTA

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