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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 Ryjo1980on May 31, 2021 9:01am
178 Views
Post# 33295420

RE:The elephant in the room

RE:The elephant in the room I doubt it. Elephants do what they want. Nobody loses their mind when farmers take over their territory. I'll let the Namibia government figure it out. They know.. not some douche environmentalist that never set foot on the ground they're talking sbout.
juniorbullalive wrote: What a piece in the Globe and Mail  on Saturday regarding RECO and its environmental "footprint" . Clearly Namibia would love to have a producing oil field but at what cost . The area covers thousands of hectares in sensitivate elephant migration territory - which is the problem - if the oil field was  containeded  in a small isolated area ,Im sure there would be no opposition but then you wouldnt have a billion barrel field . Could be trouble brewing here .


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