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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 pacer001on May 19, 2023 12:15pm
58 Views
Post# 35456646

RE:No wild fires here in Namibia …

RE:No wild fires here in Namibia …

Maybe no fires today but Namibia is prone to a lot of veld fires. See below:

"In the area you have selected (Namibia) the wildfire hazard is classified as high according to the information that is currently available to this tool. This means that there is greater than a 50% chance of encountering weather that could support a significant wildfire that is likely to result in both life and property loss in any given year. Based on this information, the impact of wildfire must be considered in all phases of the project, in particular during design and construction. Project planning decisions, project design, construction and emergency response planning methods should take into account the high level of wildfire hazard."


 

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