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Bullboard - Stock Discussion Forum
Reconnaissance Energy (Africa) Ltd
V.RECO
Alternate Symbol(s):
RECAF
|
V.RECO.WT
|
RCNWF
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 exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest...
Botswana over the Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).
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Bullboard (TSXV:RECO)
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(2)
•••
Adwari
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Comment by
Adwari
on Jul 18, 2024 9:14am
RE:RE:RE:news
Yes, it's a good buying opportunity. When does the equity offering close? I read through the offering news release but somehow can't see the closing date for the offering. Thanks
(97)
•••
bartno12001
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Comment by
bartno12001
on Jul 18, 2024 8:27am
RE:RE:news
It's a good buying opportunity. 1.15 is better price than the 1.25 equity raise and most likely there is something there. Otherwise there wouldn't have been that much interest. Don'
...more
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(120)
•••
Ebenizer3
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Comment by
Ebenizer3
on Jul 18, 2024 7:45am
RE:news
ok well wrong about the JV so congratulations!! BW energy wasn't on my list or radar. I think the issue is it's not a full carry on the next couple of wells. They have taken a position in reco
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Jul 17, 2024 4:10pm
New Press Release - ReconAfrica Announces C$35 Million Underwritten Offering
The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with this offering will be accessible through SEDAR+ within two business days NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATESCALGARY, Alberta, July 17...
read article.
(26)
•••
BeyondValuez
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Post by
BeyondValuez
on Jul 17, 2024 3:07pm
Research Capital
Do retail clients feel burnt or what? They should be able to get it back to issue price at $1.25.
(10)
•••
Plus50
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Post by
Plus50
on Jul 17, 2024 1:36pm
news
Ok why does the market dislike the news. Trading below offer price??? Is it because they gave up 20%. When i mentioned a possible JV on the board i was told probably wont happen. I tended to agree
...more
(26)
•••
BeyondValuez
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Post by
BeyondValuez
on Jul 17, 2024 10:32am
Research Capital
Lead broker - these guys can't even hold at issue price of $1.25.
(398)
•••
farml1234
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Post by
farml1234
on Jul 17, 2024 9:51am
big boys shorting
big time , nothing new jmho
(58)
•••
pacer001
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Post by
pacer001
on Jul 17, 2024 9:49am
Recaf down 12% today! Why?
Namibia is getting a lot of good press lately and Recaf has been pumping out pr releases. One would think Recaf would be moving up not down. Or is it because the insiders are selling having pumped
...more
(58)
•••
pacer001
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Post by
pacer001
on Jul 17, 2024 8:46am
Nambia in the news! Big oil found!
https://oilprice.com/Energy/Crude-Oil/Africa-Emerges-as-Focal-Point-in-Global-Oil-and-Gas-Exploration.html
(26)
•••
BeyondValuez
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Post by
BeyondValuez
on Jul 17, 2024 8:42am
New Issue
Over subscribed Completely Sold Out
(69)
•••
InfoIsKey
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Post by
InfoIsKey
on Jul 17, 2024 8:40am
Fully financed now for all drills
Great write up from Jim https://oilman.beehiiv.com/p/oilman-jims-letter-july-17-2024 Worth reading
(229)
•••
whytestocks
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Post by
whytestocks
on Jul 16, 2024 5:47pm
ReconAfrica Announces a Strategic Partnership with BW Energy
JUST IN: $RECAF ReconAfrica Announces a Strategic Partnership with BW Energy to Explore Onshore Namibia and Concurrent C$35 Million Overnight Marketed Offering, Led by C$22 Million Strategic
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Jul 16, 2024 4:41pm
New Press Release - ReconAfrica Announces a Strategic Partnership with BW Energy to Explore Onshore Namibia and Concurrent C$35 Million Overnight Marketed Offering, Led by C$22 Million Strategic Investment from BW Energy
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, July 16, 2024 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces it has signed a letter agreement (...
read article.
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