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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

Post by Frank007on Jan 12, 2024 5:02pm
205 Views
Post# 35824459

On shore verses off shore …

On shore verses off shore …Can not be compared especially if in water more than 300 meters deep .....on shore wells usually come in around 1 to 2 milion $ .....off shore ....our last two wells corentyne block offshore Guyana came in at 140 million$ each ....good thing not dry holes eh ....as for this pump and dump ....the central area of gotzwana  pre Cambrian Africa ..could not possibly have resourses ....google how where oil and gas is created ....and it's not the kavango basin...
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