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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | 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

Post by hydrocarbsson Dec 01, 2020 9:11pm
906 Views
Post# 32015493

Comparing the Kavango to the Permian

Comparing the Kavango to the PermianThe Kavango has been compared to the Permian.

To appreciate the Permian one might recognize that it has been drilled and producing crude oil since the 1920's.  All those wells were, what are termed, conventional. For over 80 years the Permian produced crude without the benefit of a horizontal well.  

A bit of Permian history 

I would think that RECO will work to prove the existance of crude.

If it is proved, so many opportunities exist.  Sell some, keep some.  

(The Greenies are going to be formidable.)  Ohh, take the money and run.
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