Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 pacer001on May 11, 2023 5:11pm
190 Views
Post# 35444148

The Namibian natives are very, very restless!

The Namibian natives are very, very restless!

The Chinese have muscled out Namibian and German companies for some very lucrative road building contracts that the Germans were funding as part of their Imperial reperations scheme.

Needless to say the Namibians are really mad at their SWAPO government leaders ( was a radical revolutionary op in  the apart days ) and are threatening "action".

If all these folks are so mad at each other and ready to fight over some road building what do you think they will do if there is oil and the Chinese are running it?

I will tell you: violent fighting complete with SWAPO's favourite intimidatin tool: "necklacing" ( where they take tires, soak them well in petro, put them around the victims neck, light them up and then watch as the poor bloke runs screaming down the road!) - a very effective means of getting what they want!


 

<< Previous
Bullboard Posts
Next >>