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 > Drop in S.P.

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Comment by mydogchachon Feb 10, 2021 9:00pm

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Post# 32533602

RE:RE:RE:Drop in S.P.

FastIroc - (2/9/2021 8:06:52 PM)
RE:RE:Drop in S.P.

I don't expect news this week....may be next week.......surely the week after...........

I listened to a bit of the Jan 19 Investor Presentation on Youtube, I understand that they're treating Wells 1 and 2 as 'tight' (I believe that's the term), in other words confidential - and that they'll wait for all 3 wells before releasing results.

Well-1 was expected to take 45 days and he thought Well-2 would be 35-40 days. Add to that Well-3 and I have no friggin idea when we'll hear results. May or June?

Does that sound right to anyone who might actually know?

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