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

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Post by teheran10on Mar 05, 2021 1:07pm

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Post# 32729305

LOTS OF POSITIVE SIGNS SINCE DECEMBER

Most TSX companies dropped in the last 2 weeks.
With us it was Shorts and Eco freaks dancing around the camp who spinned negative tales.
Nothing has changed, if anything, we HAVE ADDED many many positive signs since December.
This is a discovery company and will discover (already did) massive deposit of oil in Namibia and Botswana.
The entire region is waiting for it. It will create jobs, wealth, prosperity, for many locals.
Stay positive, buy at these levels, hold it.

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