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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 vitreum3on Dec 08, 2022 1:17pm
180 Views
Post# 35159624

RE:RE:Compliance Due Diligence

RE:RE:Compliance Due Diligence Pacer001 --- with this tock, bad news comes up with amazing regularity so one never has to wait long for the next schmozzle. Does not matter how much lipstick they paint on this thing, they cannot make it pretty enough to get a JV partner, a data room and a warm lasting hug from the market. I cama away from that call thinking  they have nothing but hopes of a miracle and those hopes are getting fainter and mre forlorn!

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