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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 RawSiennaon Apr 12, 2023 5:56pm
71 Views
Post# 35391681

RE:Again what an un informed idio..t

RE:Again what an un informed idio..tNarine said 3 onshore and 3 offshore in the article...

"Given the amount of activity in the Guyana basin today, it is difficult I am sure, for your readers to imagine what it was like for a tiny company like CGX to participate in the drilling of three offshore wells, two of which it operated directly and the operating of three onshore wells, through our 62 percent owned subsidiary, ON Energy Inc.,” he added.

https://www.kaieteurnewsonline.com/2022/02/20/cgx-pumped-us350m-for-more-than-20-years-before-landing-on-kawa-1-discovery/

And in their 2000 annual report they say...

"The largest expense item in 2000 was the write-off of the Horseshoe West well, which was dry and abandoned.

https://www.annualreports.co.uk/HostedData/AnnualReportArchive/c/TSX-V_OYL_2000.pdf
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