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 > How is the drilling going?

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Comment by ratsnake220on Jan 23, 2021 4:08pm

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RE:RE:RE:RE:How is the drilling going?

elephants....said it will not be $10 it will blow by that like a express train.....i sure hope so Elephants....i own in my high risk section and i only own two plays in sector...the other is TXP which is de risked...but not the upside potential of RECO....What i dont like to see is shorters putting a number on this as a prediction.....if they hit...Great...if they dont....okay...i would have lost the money in a divorce settlement anyhow!! or Vegas!

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