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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 Angus66on Dec 07, 2022 2:11pm
274 Views
Post# 35156961

RE:Don’t delay .,. BUY TODAY! Here is why!

RE:Don’t delay .,. BUY TODAY! Here is why!Lets hope they announce the commencement of drilling on 5-1. That would be  a good start. Along with some concrete news related to siesmic work. The siesmic work will dictate where the best drilling prospects are. The more siesmic the better the chances of success. 
Back in the 1990's they did a lot of siesmic on our property with numerous runs of 2 D and 3 D .
Then where two siesmic lines crossed they drilled again on the same quarter section and  hit it big and the well is producing until today. They will find it sooner or later it just takes time .
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