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 > Drilling update

<< Previous

Bullboard Posts

Next >>

Comment by Chas15on Feb 25, 2021 3:52am

367 Views

Post# 32655510

RE:RE:Drilling update

I've worked on the drilling side of operations all over the world. And I can say that wells certainly take longer in different countries, not to mention Africa. The latest release says they will finish drilling by the end of March, could be the middle, could be first ten days of the month. I can't stress this enough, THIS IS NORMAL!

<< Previous

Bullboard Posts

Next >>

B2Gold stock buckles under news of labour strike in Mali