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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

Comment by CammerRecon Oct 20, 2021 8:15pm
231 Views
Post# 34030358

RE:If the government of Namibia wants oil, none of this media

RE:If the government of Namibia wants oil, none of this media

Right you rawsienna. 

Plus Recaf has high connections in the government and military there and even a relative of a top military official retained. 

A mob of radicals a few days ago almost overran the Department of the Interior in Washington demanding oil exploration and development be halted immediately. Let then try this in Africa!

Recently the South African Minister of State for Defence was mobbed and rumors of a coup flared for an instant. It turns out it was just irate pensioners and they quickly were dispatched.

Likewise they had disturbances in South Africa awhile back when their former president was jailed. The military was called out and these disturbances were quickly quashed.

I would love to see these radicals try their marches and protests in Namibia. I have ever confidence that the state organs there would quickly and effectively deal with them!

 

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