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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

Post by CammerRecon Oct 27, 2021 6:31pm
310 Views
Post# 34056612

Will we be the next Guyana?

Will we be the next Guyana?

We have been reading how oil discoveries are happening like popping popcorn across the pond in eastern South America. See below.

Now Exxon has partners and they been drilling like crazy- with great success.

Africa and South America were once together in a "super" continent. Now if there is so much oil in eastern South America and even in Angola just north of us does it not stand to reason that we should have a lot too? But the only way to find out for sure is more drilling faster instead of more consultants and reports!

"By October 2021, Exxon had announced its 23rd crude oil discovery in the Stabroek Block with the Cataback-1 well which came hot on the heels of September’s find at the Pinktail well. The latest discovery along with the spate of earlier high-quality oil discoveries in offshore Guyana saw Exxon upgrade its estimated"

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