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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 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 Psychdocon Sep 10, 2020 11:07pm
163 Views
Post# 31540671

RE:RE:RE:RE:RE:Predictions for end of this week? $2?

RE:RE:RE:RE:RE:Predictions for end of this week? $2?How quickly do you think the stock price goes up to the $50 range. Is that once they finish the first few wells and confirm oil or is it typically more of a thing where a few years down the road once production is ramped up?
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