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.

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Reconnaissance Energy (Africa) Ltd > Who is Jimmy ?

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Comment by jimgeorgeon Jul 06, 2021 7:53pm

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Post# 33503445

RE:RE:RE:RE:RE:RE:RE:RE:Who is Jimmy ?

Ok, I'll take a break for a while...yes, I can hear most of you cheering. I don't have much more to say until there's more news (or more posts from you guys that need a response!).

I'll just say that IF (I have to say "if" because their information has been inconsistent and unclear so far) Recon has found a sedimentary basin in an area where no such basin was supposed to exist, AND it has oil shows, that's already a huge win. They don't need hype about "massive amounts of oil". It's way too soon for that. It could take many years to find something "commercial".

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How a junior advances one of the largest undeveloped diamond projects