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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | RCNWF | V.RECO.WT

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).


TSXV:RECO - Post by User

Comment by AyrtonGrahamon Nov 02, 2020 6:41am
208 Views
Post# 31821625

RE:RE:RE:RE: V.RECO / RECAF Still Accumulating Between $0.91 and $1.00

RE:RE:RE:RE: V.RECO / RECAF Still Accumulating Between $0.91 and $1.00

Lack of a catalyst. Until there is one we're sideways and it's a good time to enjoy the fresh air outside. Until then, think about what you believe RECO will be worth when there is a catalyst and the net present value of that.

Drilling results next year

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