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Bullboard - Stock Discussion Forum Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  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... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > New African oil powerhouse?
View:
Post by pacer001 on Jun 03, 2022 3:47pm

New African oil powerhouse?

Where does Namibia and Recaf fit into this new scheme?

From an OP piece on 060322:

"Tullow-Capricorn Merger Creates African Upstream Powerhouse. Tullow Oil (LON:TLW) and Capricorn Energy (LON:CNE), formerly known as Cairn, agreed to merge in an all-stock deal of $830 million, with the new yet-unnamed entity expected to have an output of around 100,000 of boepd. "
Comment by RawSienna on Jun 03, 2022 6:21pm
they'll be a few pegs below us once we tap a few wells...just saying! Sucking on the hind teet if you will, hahaha
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