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).

TSXV:RECO - Post by User

Reconnaissance Energy (Africa) Ltd > Realistic? Unrealistic? Do numbers lie?

<< Previous

Bullboard Posts

Next >>

Comment by NameOfTheGameon Feb 05, 2021 1:16am

212 Views

Post# 32481320

RE:RE:RE:RE:RE:RE:RE:RE:Realistic? Unrealistic? Do numbers lie?

Lol. Well that's not wrong from your point of view which is why I shared some technical jargon to look into. Do your due diligence is all I'm saying. It's your money to risk and I respect that. I just am trying to share some caution based off both my career and education.

I get valuable insights from others here, economics and formation evaluation happen to be something I myself can extend back.

<< Previous

Bullboard Posts

Next >>

Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles