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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest Botswana over the Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).


TSXV:RECO - Post by User

Comment by jimgeorgeon Oct 03, 2021 9:12pm
173 Views
Post# 33959431

RE:RE:duster vs stratigraphic test

RE:RE:duster vs stratigraphic test

Hey, let's get one thing straight - paying someone to "pump" your stock is not the same as hiring a news wire service to disseminate required press releases. Public companies are required to use newswire services to reach a wide audience for their press releases that are required by securities law. I used PRNewswire countless times in my career but I never paid for a promotional report from a "third" party. 

I've said it before, some things make Reco look bad. Real companies don't pay for promotional pumping. Murray Pezim companies do. Reco management should clearly separate themselves from pumpers like Oilprice and say they are no longer paying them. And stop paying them!

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