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 > ea corde protulerim

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Comment by CammerRecon Oct 18, 2021 9:07pm

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Post# 34020606

RE:RE:RE:RE:RE:RE:ea corde protulerim

Peter, I have to agree even though I have to respect technicalities but am not absorbed in a lot of it.

What I have learned over the years is that the more studies, consultants, and experts are inviolved the more confusing, conflicted and muddled things become.

BP not long ago, employing batteries of experts, studies and drillings on a field came up dry and they wrote off about a billion down the drain.

Oil exploration is still more of an art than a science and all the matters in the end is it you got winner or not.

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