Reconnaissance Energy (Africa) Ltd V.RECO

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

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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Reconnaissance Energy (Africa) Ltd > New to RECO

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Comment by grenouilleon Dec 10, 2020 8:47pm

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Post# 32085627

RE:RE:RE:RE:RE:New to RECO

yes, trucking will only be a temporary expedient.

if this is as huge as some think it may be, we can look forward to all kinds of infrastructure - pipelines, pumping stations,tank farms, refineries... a whole oil and gas industrial base.

...or, if it turns out to be less than a HUGE oil/gas discovery, somewhat less than that. we must wait and see. we are not likely to know the extent of this basin's hydrocarbon endowment for quite some time.

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