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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 pacer001on Jan 24, 2022 3:43pm
197 Views
Post# 34354820

RE:RE:mondays are like that sometimes...

RE:RE:mondays are like that sometimes...

What the heck, I am ahead in my natural gas futures, so I am buying 200 more Recaf. 

Financials are due soon, not that I expect much, but I think we are in a valley now and due for a rebound- especially with the upcoming Russian invasion of Ukraine that should blast oil through $100 pb!

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