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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 BebeRebozoon May 02, 2022 5:05pm
189 Views
Post# 34649096

RE:EU Plans to Court Africa to Help Replace Russian Gas Imports

RE:EU Plans to Court Africa to Help Replace Russian Gas ImportsA few years ago, more than a few years ago actually, I made some good coin on a stock called "First Calgary Petroleum".  They were looking for an elephant in Algeria I believe.  They found some major league gushers there, including a lot of gas.  I always wondered why Europe wouldn't be tapping those reserves instead of buying from Putin and his thugs.  Now I hope that they have woken up.
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