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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
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

Reconnaissance Energy (Africa) Ltd
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Post by Wynjoeon Feb 24, 2022 11:17am
210 Views
Post# 34458132

Time to put up or shut up....

Time to put up or shut up....If you never bought reco today at $5.66 you never will,lol.With recent placement at $6.30 if your not in now your not a believer.If Cannacord believes wells can be drilled and strike oil paying $6.30 now is the time to put up or shut up,lol.Reco better have their "ducks" in a row this time and show GREAT leadership and knowledge in these holes in the ground.
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