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.

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Reconnaissance Energy (Africa) Ltd > there is commercial oil or gas there

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Comment by RawSiennaon Apr 09, 2023 11:56am

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Post# 35385821

RE:there is commercial oil or gas there

Yeah, it's not like every other government in the world is not without internal problems and scandals, look at Canada with SNC-Lavalin which is still in business as far as I know. If there is oil or gas there, this will be a nothingburger. Did Reco even initiate it? as far as I can tell it his suspension has to with a contract in Angola.

https://en.wikipedia.org/wiki/SNC-Lavalin_affair#:~:text=The%20SNC%2DLavalin%20affair%20(French,Prime%20Minister's%20Office%20(PMO).

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle