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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 TenneseeOilon Jul 01, 2021 11:12am
217 Views
Post# 33479104

RE:RE:RE:RE:RE:WE Need to break that 11.80 block

RE:RE:RE:RE:RE:WE Need to break that 11.80 blockI heard Scott Evans say they were looking at it hard to tell how serious he was. about the timing. Their increase in share price would certainly qualify them. I've owned a few companies that have graduated to the lowel and subsequently upper levels of exchanges before. I think a Billion Dollar Company with Millions of shares daily of trading action would be a desireable commodity. They have their financials in order which usually is the single biggest obstacle for smaller companies. Also while there are rules I've seen a few of them waved before.

775 shares just took us down .15 cents lol. 310shares took us up .10 
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