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 > What does his passing mean for Recaf?

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Post by pacer001on Feb 06, 2024 6:11pm

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Post# 35866405

What does his passing mean for Recaf?

Usually when the head man of an African country passes so does all the deals he made. Most of big big business in Africa is based on personalities not law.

I bet the new President will take a good hard look at the Recaf deal. And this won't be good for Recaf!

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