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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 Ebenizer3on Jan 20, 2022 9:22am
288 Views
Post# 34336782

RE:RE:RE:NEWS

RE:RE:RE:NEWSyep, as a professional 5 yr old I am never happy when I don't get my way, being told not to play in the street or don't run with scissors is never fun but apparently the right response. The big thing I will be watching is insiders will probably start taking some off the table, surprise to see gannath step down to a consulting position, wouldn't be surprised to see Park, Gannath, and probably Steinsburger take some off the table. And as usual government redtape, starting to wonder how serious they are. EIA approval could take another 3 months. Guess we see. Good day
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