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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

Post by harlanshawk61on Dec 16, 2020 6:01am
418 Views
Post# 32116612

9.30.20 interim financials dated 11,24 shows share count

9.30.20 interim financials dated 11,24 shows share count a review of recons ssept 30th  financials available on company website shows 106.76 million shares issued on 9.30 with 58.7 mill warrants and 1.5 mill options.  Company continues to issue options to consultants and officers to further ops. ie, on 10.7 .25 mill options issued to consultant. 9.30 total shares diluted near 167 million
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