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Bullboard - Stock Discussion Forum
Reconnaissance Energy (Africa) Ltd
V.RECO
Alternate Symbol(s):
V.RECO.W.A
|
RECWF
|
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.
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TSXV:RECO - Post Discussion
Reconnaissance Energy (Africa) Ltd
> Achievement Award
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•••
Oregonduck
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Post by
Oregonduck
on Jun 05, 2023 10:43am
Achievement Award
Ken Lay, the founder of Enron, the largest fraud in the US energy industry, had received a multitude of awards. Enron at its peak was worth $90.00 and just before bankruptcy in 2001, was trading at $0.26.
https://enroncorp.com/corp/pressroom/awards/executive.html
(106)
•••
pacer001
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Comment by
pacer001
on Jun 05, 2023 4:00pm
Very true Mr. Duck. Ken was showered with awards and held up as the future in energy; even as Enron was frantacillly shuffling money around to give the appearance of success!
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