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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 Ebenizer3on Apr 24, 2021 11:40am
529 Views
Post# 33061641

RE:RE:Mgt Tightens the Spring

RE:RE:Mgt Tightens the Springrenaissance's debt will be reduced or extinguished when they offload their stake in amatitlin and chiapas blocks, probably at the same time they finalize the deal to be acquired by reco. Curious to see what lukoil will do since amlo trying to run IOC's out of Mexico.
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