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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 scatmanon Apr 26, 2021 10:15am
305 Views
Post# 33066036

RE:OINK OINK OINK OINK what does this tell you

RE:OINK OINK OINK OINK what does this tell youthat they got at the money options for their hard work and they really aren't worth anything.
What does it tell you....?

It aligns them with the success of going forward and does't compensate them for the major catalyst on the first whole; they were alreay aligned with that when they participated with the public back in August.


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