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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  V.RECO.W.A | RECWF | 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 Ebenizer3on Nov 10, 2022 8:44am
182 Views
Post# 35087783

RE:RE:Comparing RECON with INVICTUS

RE:RE:Comparing RECON with INVICTUSand also Invictus has a more detailed view of their prospects, lots of infil seismic where reconAfrica had only a couple of lines with more on the way, and supposedly now going to run some gravity survey but that didn't come from management but IR? But who knows!!! For me from the beginning I like the 2-7 prospect in a deeper part of the basin running into this thrust belt. Hopefully they can get things moving, seems they have been pushing a boulder uphill for three years now. Good luck to all
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