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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

Post by pacer001on Nov 25, 2021 4:02pm
305 Views
Post# 34166408

Another Big reason to drill faster!

Another Big reason to drill faster!

In case you missed this, National Geographic has down another big story on the environment in our area but not specifically in Namibia. See below.

The key thing in this article is that the infamous and  exploitive DeBeers diamond cartel is backing a lot of these efforts. What they don't tell you is that they are diversifying out of diamonds and into other African resources so one has to take their "environmental activism" with a huge grain of salt. 

Their involvement is yet another reason there is big oil in that what else is their motivation to protest against in such a remote out of the way area?

https://www.nationalgeographic.com/environment/article/paid-content-empowering-people-to-protect-the-okavango-basin

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